Is Pcm Inc (NASDAQ:PCMI)’s Fuel Running Low? Reports Show More Sellers

August 9, 2018 - By Lisa Delgado

PCM, Inc. (NASDAQ:PCMI) Logo

The stock of Pcm Inc (NASDAQ:PCMI) registered an increase of 4.87% in short interest. PCMI’s total short interest was 1.38 million shares in August as published by FINRA. Its up 4.87% from 1.32M shares, reported previously. With 193,200 shares average volume, it will take short sellers 7 days to cover their PCMI’s short positions. The short interest to Pcm Inc’s float is 18.9%.

The stock decreased 1.03% or $0.25 during the last trading session, reaching $23.95. About 25,985 shares traded. PCM, Inc. (NASDAQ:PCMI) has declined 39.25% since August 9, 2017 and is downtrending. It has underperformed by 51.82% the S&P500.

PCM, Inc., through its subsidiaries, operates as a multi-vendor well-known provider of technology products and solutions primarily in the United States and Canada. The company has market cap of $284.87 million. The firm operates through three divisions: Commercial, Public Sector, and Canada. It has a 40.46 P/E ratio. It primarily sells device products, servers, storage products, networks, printers, and related accessories and devices.

More notable recent PCM, Inc. (NASDAQ:PCMI) news were published by: Nasdaq.com which released: “5 Value Stocks Hotter than Apple in 2018” on August 06, 2018, also Investorplace.com with their article: “Buy These 6 Low Price-to-Book Stocks for Handsome Returns” published on August 08, 2018, Nasdaq.com published: “Mid-Morning Market Update: Markets Mixed; Facebook Sales Miss Expectations” on July 26, 2018. More interesting news about PCM, Inc. (NASDAQ:PCMI) were released by: Streetinsider.com and their article: “After-Hours Stock Movers 7/25: (PCMI) (ARNC) (XLNX) Higher; (FB) (MHK) (MAT) Lower (more…)” published on July 25, 2018 as well as Globenewswire.com‘s news article titled: “Research Report Identifies Aceto, Bridgepoint Education, OFG, Heritage Financial, PCM, and First Cash with Renewed …” with publication date: August 03, 2018.

PCM, Inc. (NASDAQ:PCMI) Institutional Positions Chart

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