SQI Diagnostics Inc. (OTCMKTS:SQIDF) Sees Large Decline in Short Interest

SQI Diagnostics Inc. (OTCMKTS:SQIDF – Get Rating) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 52,000 shares, a decline of 76.8% from the April 30th total of 223,800 shares. Based on an average daily trading volume, of 266,200 shares, the days-to-cover ratio is presently 0.2 days.

SQI Diagnostics Stock Performance

SQIDF stock remained flat at $0.05 on Friday. SQI Diagnostics has a fifty-two week low of $0.03 and a fifty-two week high of $0.16. The company has a 50 day simple moving average of $0.04 and a two-hundred day simple moving average of $0.06.

SQI Diagnostics Company Profile

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SQI Diagnostics, Inc engages in developing and selling testing kits, services, and automated testing systems to clinical laboratories, hospitals, clinicians, and diagnostic testing companies. It operates through the following segments: Development of Organ Health Diagnostic Tests; COVID-19-Related Diagnostics Tests; Direct-to-Consumer Tests for Celiac and Rheumatoid Arthritis Diseases; and Distribution of Existing COVID-19 Polymerase Chain Reaction and Antigen Tests.