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Bioasis Technologies Inc. (OTCMKTS:BIOAF) Sees Significant Decline in Short Interest

kopsource ·  Aug 13, 2022 21:22

Bioasis Technologies Inc. (OTCMKTS:BIOAF – Get Rating) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 34,600 shares, a decrease of 23.3% from the July 15th total of 45,100 shares. Based on an average daily volume of 29,000 shares, the days-to-cover ratio is currently 1.2 days.

Bioasis Technologies Stock Performance

Shares of OTCMKTS BIOAF opened at $0.12 on Friday. The business's 50 day moving average is $0.13 and its 200-day moving average is $0.17. Bioasis Technologies has a 1-year low of $0.10 and a 1-year high of $0.28.

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Bioasis Technologies (OTCMKTS:BIOAF – Get Rating) last posted its earnings results on Tuesday, June 14th. The company reported ($0.01) earnings per share for the quarter. On average, sell-side analysts forecast that Bioasis Technologies will post -0.05 earnings per share for the current fiscal year.

About Bioasis Technologies

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Bioasis Technologies Inc, a development stage biopharmaceutical company, engages in the research and development of products for the diagnosis and treatment of neurological diseases and disorders. It is developing xB3, a platform technology for the transport of therapeutic agents across the blood-brain barrier (BBB); and the treatment of central nervous system disorders (CNS), including brain cancers, and metabolic and neurodegenerative diseases.

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