Pressure Biosciences Inc (OTCMKTS:PBIO) Short Interest Update

Pressure Biosciences Inc (OTCMKTS:PBIO) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 22,000 shares, a growth of 11.1% from the August 15th total of 19,800 shares. Based on an average daily volume of 31,500 shares, the short-interest ratio is currently 0.7 days.

Pressure Biosciences stock opened at $1.80 on Friday. The business’s 50-day simple moving average is $1.98 and its 200-day simple moving average is $2.26. Pressure Biosciences has a 52 week low of $0.60 and a 52 week high of $4.49. The firm has a market capitalization of $6.95 million, a PE ratio of -0.20 and a beta of 0.92.

About Pressure Biosciences

Pressure BioSciences, Inc develops pressure cycling technology (PCT) solutions. Its PCT technology uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to control the actions of molecules in biological samples, such as cells and tissues from human, animal, plant, and microbial sources.

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