AquaBounty Technologies, Inc. (NASDAQ:AQB) Short Interest Update

AquaBounty Technologies, Inc. (NASDAQ:AQB) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,030,000 shares, an increase of 1,078.5% from the August 15th total of 87,400 shares. Based on an average daily volume of 2,040,000 shares, the short-interest ratio is currently 0.5 days. Currently, 27.0% of the shares of the company are short sold. Currently, 27.0% of the shares of the company are short sold. Based on an average daily volume of 2,040,000 shares, the short-interest ratio is currently 0.5 days.

AquaBounty Technologies Price Performance

Shares of AQB stock opened at $1.14 on Friday. AquaBounty Technologies has a 1 year low of $0.47 and a 1 year high of $1.62. The firm has a fifty day moving average price of $0.86 and a 200-day moving average price of $0.77. The company has a market cap of $4.42 million, a price-to-earnings ratio of -0.06 and a beta of 1.28.

AquaBounty Technologies (NASDAQ:AQB) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.63) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.53) by ($0.10).

AquaBounty Technologies Company Profile

AquaBounty Technologies, Inc, a biotechnology company, operates in the aquaculture industry in the United States and Canada. The company engages in genetic, genomic, and fish health and nutrition research activities. It also operates salmon farms using proprietary technology. In addition, the company offers AquAdvantage Salmon, a genetically engineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts.