Short Interest in SanBio Company Limited (OTCMKTS:SNBIF) Expands By 19.5%

SanBio Company Limited (OTCMKTS:SNBIFGet Rating) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,140,900 shares, a growth of 19.5% from the October 15th total of 954,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

SanBio Stock Down 3.3 %

SNBIF stock opened at 5.56 on Tuesday. The company has a 50-day simple moving average of 8.94 and a 200 day simple moving average of 9.24. SanBio has a fifty-two week low of 5.56 and a fifty-two week high of 5.75.

SanBio Company Profile

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SanBio Company Limited develops, produces, and sells regenerative cell medicines for the central nervous system. The company develops SB623 that has completed a phase 2 clinical trial to treat traumatic brain injury in the United States and Japan. Its research pipeline products also comprise SB623 for ischemic and hemorrhagic strokes, age-related macular degeneration, retinitis pigments, spinal cord injury, Parkinson's disease, Alzheimer's disease, and others; SB618 for peripheral nerve damage; SB308 for muscular dystrophy disease; MSC1 for cancer; and MSC2 for inflammatory disease and optic neuritis.

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