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Stock Weekly: Pason Systems (PSI:CAD8.86) put call ratio increases 8.3%, stock decreases 1.3%

May 14, 2021 - News Bites Canadian Markets
Board and Executive Moves


Pason Systems Inc. (TSX:PSI), Canada's 2nd largest Oil & gas - services company by market cap, has decreased 12.0c (or 1.3%) in the past week to close at CAD8.86. Open interest contracts on exchange traded options included 142 put contracts and 267 call contracts. The put:call ratio was 0.5, up 8.3% for the week. The increase is a bearish indicator. Compared with the S&P/TSX 60 Index which fell 1.5 points (or 0.1%) in the week, this represented a relative price...