BioStem Technologies, Inc. (OTCMKTS:BSEM - Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 214,800 shares, agrowthof174.3% from the July 15th total of 78,300 shares. Approximately1.3% of the shares of the company are short sold. Based on an average daily trading volume, of 76,900 shares, the days-to-cover ratio is currently 2.8 days. Based on an average daily trading volume, of 76,900 shares, the days-to-cover ratio is currently 2.8 days. Approximately1.3% of the shares of the company are short sold.
BioStem Technologies Stock Down 7.6%
BioStem Technologies stock traded down $0.49 on Wednesday, hitting $5.99. The company's stock had a trading volume of 98,699 shares, compared to its average volume of 64,054. The firm has a market cap of $100.33 million, a P/E ratio of 5.25 and a beta of -0.29. The company has a fifty day moving average price of $11.65 and a 200-day moving average price of $12.14. BioStem Technologies has a one year low of $5.02 and a one year high of $28.2565.
About BioStem Technologies
(
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BioStem Technologies, Inc, a life sciences corporation, focuses on discovering, developing, and producing pharmaceutical and regenerative medicine products and services. It develops various biologic stem cell based alternative products, as a treatment for ailments, such as joint pain, tendon and ligament injuries, neurodegenerative, and autoimmune diseases.
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