Revelation Biosciences, Inc. (NASDAQ:REVBW – Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,162 shares, a drop of 97.6% from the April 30th total of 48,365 shares. Based on an average daily volume of 202,279 shares, the days-to-cover ratio is presently 0.0 days.
Revelation Biosciences Trading Down 17.8%
Shares of NASDAQ:REVBW traded down $0.00 during trading on Wednesday, hitting $0.01. The stock had a trading volume of 20,787 shares, compared to its average volume of 91,595. Revelation Biosciences has a 12-month low of $0.01 and a 12-month high of $0.04. The stock has a 50-day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01.
Revelation Biosciences Company Profile
Revelation Biosciences, Inc (NASDAQ: REVBW) is a clinical-stage molecular diagnostics company focused on the rapid detection of life-threatening bacterial infections. The company leverages next-generation sequencing (NGS) to analyze cell-free microbial DNA in patient blood samples, with an emphasis on early identification of pathogens in bloodstream infections and hospital-acquired pneumonia. By targeting critically ill patients, Revelation Biosciences aims to shorten time to diagnosis and guide more effective antimicrobial therapy.
The company’s technology platform integrates high-throughput DNA sequencing with proprietary bioinformatics algorithms to differentiate pathogenic microbes from background microbial DNA.
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