Cyanotech Co. (OTCMKTS:CYAN) Short Interest Update

Cyanotech Co. (OTCMKTS:CYAN) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 111 shares, a decline of 81.8% from the May 31st total of 611 shares. Based on an average daily volume of 1,635 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Cyanotech Stock Down 0.0%

OTCMKTS CYAN opened at $0.52 on Friday. The stock has a market capitalization of $3.84 million, a P/E ratio of -2.08 and a beta of 0.15. Cyanotech has a 52 week low of $0.21 and a 52 week high of $0.57. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.29 and a current ratio of 1.01. The stock has a fifty day moving average of $0.43 and a 200-day moving average of $0.41.

About Cyanotech

Cyanotech Corp. engages in the cultivation, production, and sale of natural products derived from microalgae for the health and human nutrition markets worldwide. Its products include BioAstin Hawaiian Astaxanthin, a dietary antioxidant, which is used as a human dietary supplement and dietary ingredient to support and maintain the body’s natural inflammatory response, enhance skin, and support eye, joint, and immune health; and Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement that is used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids.