SQI Diagnostics Inc. (OTCMKTS:SQIDF) Short Interest Down 76.8% in May

SQI Diagnostics Inc. (OTCMKTS:SQIDF – Get Rating) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 52,000 shares, a decrease of 76.8% from the April 30th total of 223,800 shares. Based on an average daily volume of 266,200 shares, the days-to-cover ratio is presently 0.2 days.

SQI Diagnostics Price Performance

SQIDF remained flat at $0.05 on Friday. The business’s 50 day moving average price is $0.04 and its 200 day moving average price is $0.06. SQI Diagnostics has a 1 year low of $0.03 and a 1 year high of $0.16.

SQI Diagnostics Company Profile

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SQI Diagnostics, Inc engages in developing and selling testing kits, services, and automated testing systems to clinical laboratories, hospitals, clinicians, and diagnostic testing companies. It operates through the following segments: Development of Organ Health Diagnostic Tests; COVID-19-Related Diagnostics Tests; Direct-to-Consumer Tests for Celiac and Rheumatoid Arthritis Diseases; and Distribution of Existing COVID-19 Polymerase Chain Reaction and Antigen Tests.