Basanite, Inc. (OTCMKTS:BASA – Get Rating) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 10,400 shares, an increase of 70.5% from the December 31st total of 6,100 shares. Based on an average daily volume of 279,700 shares, the short-interest ratio is currently 0.0 days.
Basanite Price Performance
BASA stock remained flat at $0.04 during mid-day trading on Friday. The company's stock had a trading volume of 269,548 shares, compared to its average volume of 214,769. Basanite has a 1-year low of $0.03 and a 1-year high of $0.28. The company has a 50-day moving average price of $0.05 and a two-hundred day moving average price of $0.09.
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Basanite, Inc engages in the manufacturing of concrete-reinforcing products made from basalt fiber reinforced polymers. It focuses on its BasaFlex product. The company was founded on May 30, 2006 and is headquartered in Pompano Beach, FL.Featured Stories
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