Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Short Interest Up 25.4% in September
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Pioneer Power Solutions, Inc. (NASDAQ:PPSI) experienced a 25.4% increase in short interest in September, totaling 59,800 shares as of September 15th. This rise from 47,700 shares in August indicates growing bearish sentiment. The days-to-cover ratio stands at 0.8 days, with 0.7% of shares sold short. Additionally, StockNews.com downgraded the stock to a "sell" rating. The company's stock price fell by 3.2%, trading at $0.58, with a market cap of $10.01 million and a P/E ratio of 25.44. Analysts expect an EPS of $0.32 for the fiscal year.
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