EcoSynthetix Inc. (OTC:ECSNF) Short Interest Down 25.0% in September

EcoSynthetix Inc. (OTC:ECSNF) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 105,400 shares, a drop of 25.0% from the August 31st total of 140,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 527.0 days. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 527.0 days.

EcoSynthetix Price Performance

ECSNF opened at $3.02 on Thursday. The company’s 50 day simple moving average is $3.04 and its two-hundred day simple moving average is $3.03. EcoSynthetix has a 1-year low of $2.79 and a 1-year high of $3.88.

About EcoSynthetix

EcoSynthetix Inc, a renewable chemicals company, develops and commercializes bio-based technologies that are used as replacement solutions for synthetic, petrochemical-based adhesives, and other related products worldwide. The company offers EcoMer biomonomer for use in pressure sensitive adhesives, ink, toner resins, and paints; EcoSphere biolatex, a bio-based latex binder used in paper and paperboard industry; EcoStix, a family of sugar-acrylic and pressure-sensitive adhesives, which include customizable resin grades and formulated grades; and DuraBind engineered biopolymers that enable manufacturers of particle board, MDF, and OSB to decrease the amount of highly regulated chemicals, such as formaldehyde in their formulation.