BioNxt Solutions Inc. (OTCMKTS:BNXTF) Short Interest Up 119.6% in May

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

BioNxt Solutions Stock Performance

OTCMKTS BNXTF opened at $0.25 on Monday. The stock has a fifty day moving average of $0.33 and a 200-day moving average of $0.40. The stock has a market capitalization of $31.09 million, a P/E ratio of -5.08 and a beta of 0.64. BioNxt Solutions has a 52 week low of $0.14 and a 52 week high of $0.80.

BioNxt Solutions (OTCMKTS:BNXTF) last released its earnings results on Friday, May 29th. The company reported ($0.01) EPS for the quarter.

About BioNxt Solutions

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.