PyroGenesis Canada Inc. (NASDAQ:PYRGF) Sees Significant Growth in Short Interest

PyroGenesis Canada Inc. (NASDAQ:PYRGF - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 100,600 shares, a growth of 28.5% from the May 15th total of 78,300 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 20,200 shares, the days-to-cover ratio is currently 5.0 days.

PyroGenesis Canada Price Performance

PYRGF traded up $0.00 during trading on Friday, hitting $0.35. The company's stock had a trading volume of 10,065 shares, compared to its average volume of 10,849. PyroGenesis Canada has a twelve month low of $0.30 and a twelve month high of $0.80. The stock has a market cap of $65.45 million, a PE ratio of -5.84 and a beta of 0.89. The firm's 50 day moving average price is $0.34 and its 200-day moving average price is $0.38.

About PyroGenesis Canada

PyroGenesis Canada Inc designs, develops, manufactures, and commercializes plasma processes and solutions worldwide. The company offers DROSRITE, a process for enhancing metal recovery from dross without any hazardous by-products; plasma atomization process that allows produce and sell high purity spherical metal powders; PUREVAP, a process to produce high purity metallurgical and solar grade silicon from quartz; and PUREVAP NSiR, which is designed to transform silicon into spherical silicon nano powders and nanowires for use in lithium-ion batteries.