ParkerVision, Inc. (OTCMKTS:PRKR) Sees Significant Decrease in Short Interest

ParkerVision, Inc. (OTCMKTS:PRKR) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 86,000 shares, a decline of 41.7% from the February 28th total of 147,600 shares. Based on an average daily trading volume, of 514,500 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

ParkerVision Stock Performance

Shares of OTCMKTS PRKR traded up $0.02 during midday trading on Friday, hitting $0.63. 94,796 shares of the stock traded hands, compared to its average volume of 227,822. The firm has a market capitalization of $73.34 million, a P/E ratio of -4.46 and a beta of 2.55. ParkerVision has a one year low of $0.09 and a one year high of $1.18. The firm has a 50-day moving average of $0.80 and a two-hundred day moving average of $0.76.

ParkerVision (OTCMKTS:PRKR) last announced its earnings results on Monday, March 24th. The semiconductor company reported ($0.03) EPS for the quarter.

ParkerVision Company Profile

ParkerVision, Inc designs and develops radio frequency technologies and integrated circuits for use in wireless communication products. ParkerVision, Inc was incorporated in 1989 and is based in Jacksonville, Florida.