Short Interest in Know Labs, Inc. (OTCMKTS:KNWN) Drops By 62.1%

Know Labs, Inc. (OTCMKTS:KNWN) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 1,342,000 shares, a decline of 62.1% from the January 31st total of 3,540,300 shares. Based on an average daily volume of 1,726,100 shares, the days-to-cover ratio is presently 0.8 days.

Know Labs Stock Performance

Know Labs stock traded up $0.05 on Friday, reaching $3.55. The company’s stock had a trading volume of 5,062 shares, compared to its average volume of 1,034,601. The business’s fifty day moving average price is $4.89 and its 200 day moving average price is $8.35. The company has a market cap of $394.36 million, a price-to-earnings ratio of -17.74 and a beta of 1.50. Know Labs has a twelve month low of $0.02 and a twelve month high of $0.92.

Know Labs (OTCMKTS:KNWN) last issued its quarterly earnings results on Friday, February 14th. The company reported ($1.60) earnings per share (EPS) for the quarter.

Know Labs Company Profile

Know Labs, Inc focuses on the development and commercialization of proprietary technologies in the United States. Its technology uses spectroscopy to direct electromagnetic energy through a substance or material to capture a molecular signature. The company refers to its technology as Bio-RFID. The Bio-RFID technology can be integrated into various wearable, mobile, or bench-top form factors.