BioNxt Solutions Inc. (OTCMKTS:BNXTF) Sees Significant Increase in Short Interest

BioNxt Solutions Inc. (OTCMKTS:BNXTF) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 101,894 shares, an increase of 119.6% from the May 14th total of 46,393 shares. Based on an average daily volume of 3,318 shares, the days-to-cover ratio is presently 30.7 days. Approximately 0.1% of the shares of the stock are short sold.

BioNxt Solutions Stock Performance

Shares of BNXTF opened at $0.25 on Friday. The stock has a fifty day moving average price of $0.33 and a two-hundred day moving average price of $0.40. BioNxt Solutions has a 52-week low of $0.14 and a 52-week high of $0.80. The company has a market cap of $31.09 million, a price-to-earnings ratio of -5.08 and a beta of 0.64.

BioNxt Solutions (OTCMKTS:BNXTF) last issued its quarterly earnings data on Friday, May 29th. The company reported ($0.01) earnings per share (EPS) for the quarter.

BioNxt Solutions Company Profile

BioNxt Solutions Inc (OTCMKTS:BNXTF) is a life sciences company specializing in advanced proteomics, metabolomics and bioinformatics solutions. The company’s platform combines state-of-the-art mass spectrometry and chromatography workflows with cloud-based data analysis tools, enabling high-throughput characterization of proteins, metabolites and other biomolecules for research and development purposes.

BioNxt Solutions offers contract research services to clients in the pharmaceutical, biotechnology and academic sectors, providing end-to-end support from sample preparation through to data interpretation.