Cyanotech Co. (OTCMKTS:CYAN) Short Interest Update

Cyanotech Co. (OTCMKTS:CYAN) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 111 shares, a drop 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. Currently, 0.0% of the company’s shares are sold short.

Cyanotech Trading Down 0.0%

OTCMKTS:CYAN opened at $0.52 on Friday. Cyanotech has a 1-year low of $0.21 and a 1-year high of $0.57. The business’s 50-day moving average price is $0.43 and its two-hundred day moving average price is $0.41. The company has a current ratio of 1.01, a quick ratio of 0.29 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $3.84 million, a price-to-earnings ratio of -2.08 and a beta of 0.15.

Cyanotech Company Profile

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.