Pharma-Bio Serv, Inc. (OTCMKTS:PBSV) Sees Large Decline in Short Interest

Pharma-Bio Serv, Inc. (OTCMKTS:PBSV) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,300 shares, a decrease of 58.1% from the November 30th total of 3,100 shares. Based on an average daily volume of 6,300 shares, the short-interest ratio is currently 0.2 days.

Pharma-Bio Serv Price Performance

OTCMKTS PBSV opened at $0.55 on Friday. The firm has a market cap of $12.63 million, a P/E ratio of -18.33 and a beta of 0.56. The company’s 50 day moving average is $0.55 and its 200-day moving average is $0.59. Pharma-Bio Serv has a 12-month low of $0.31 and a 12-month high of $1.08.

About Pharma-Bio Serv

Pharma-Bio Serv, Inc operates as a compliance and technology transfer services consulting firm in Puerto Rico, the United States, Europe, Brazil, and internationally. The company provides technical compliance consulting services comprising regulatory compliance, validation, technology transfer, engineering, project management, and process support for the pharmaceutical, chemical manufacturing, biotechnology, medical device, cosmetic, food industries, and allied products companies.