PowerBand Solutions Inc. (OTCMKTS:PWWBF – Get Rating) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 2,500 shares, a decrease of 69.1% from the September 15th total of 8,100 shares. Based on an average daily volume of 148,300 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Desjardins dropped their price target on PowerBand Solutions from C$0.50 to C$0.40 in a research note on Tuesday, August 30th.

PowerBand Solutions Stock Performance

Shares of PowerBand Solutions stock traded down 0.01 on Wednesday, hitting 0.09. The company had a trading volume of 7,000 shares, compared to its average volume of 144,187. The stock has a 50 day moving average of 0.13 and a 200-day moving average of 0.21. PowerBand Solutions has a 1 year low of 0.08 and a 1 year high of 0.88.

PowerBand Solutions Company Profile

PowerBand Solutions Inc, a technology company, develops, markets, and sells online trading platform, standardized appraisal system, market intelligence report, and finance portal for the automotive industry in Canada. The company provides LiveNet, a real-time, targeted, and mobile online auction platform; and Marketplace, an online auction, which allows dealers, and rental and leasing companies to post used vehicles for sale to qualified wholesale buyers.

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