Ion Beam Applications SA (OTCMKTS:IOBCF) Sees Significant Increase in Short Interest

Ion Beam Applications SA (OTCMKTS:IOBCF) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 2,500 shares, an increase of 47.1% from the August 31st total of 1,700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 12.5 days.

Ion Beam Applications Stock Performance

IOBCF remained flat at $14.88 during trading on Friday. Ion Beam Applications has a 1-year low of $8.65 and a 1-year high of $15.33. The stock’s 50 day moving average is $13.14 and its 200-day moving average is $13.90.

About Ion Beam Applications

Ion Beam Applications SA develops, manufactures, and supports medical devices and software solutions for cancer treatments in Belgium, the United States, and internationally. The company operates through Proton Therapy and Other Accelerators, and Dosimetry segments. The Proton Therapy and Other Accelerators segment develops, fabricates, and services medical and industrial particle accelerators, and proton therapy systems.