Short Interest in Know Labs, Inc. (NYSEAMERICAN:KNW) Expands By 20.9%

Know Labs, Inc. (NYSEAMERICAN:KNW) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 898,500 shares, an increase of 20.9% from the December 15th total of 743,200 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 1,600,000 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Know Labs stock. PFG Investments LLC grew its position in shares of Know Labs, Inc. (NYSEAMERICAN:KNW) by 886.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 976,838 shares of the company’s stock after buying an additional 877,838 shares during the period. PFG Investments LLC owned approximately 0.98% of Know Labs worth $280,000 at the end of the most recent quarter. Institutional investors own 23.96% of the company’s stock.

Know Labs Stock Up 7.5 %

Shares of NYSEAMERICAN:KNW traded up $0.01 during trading on Friday, hitting $0.15. 5,111,124 shares of the company were exchanged, compared to its average volume of 5,832,379. Know Labs has a fifty-two week low of $0.13 and a fifty-two week high of $0.92. The firm has a market capitalization of $16.45 million, a price-to-earnings ratio of -0.74 and a beta of 1.54.

Know Labs Company Profile

Know Labs, Inc, together with its subsidiaries, focuses on the development and commercialization of proprietary sensor technology by radio and microwave spectroscopy in the United States. The company's proprietary platform technologies include ChromaID and Bio-RFID technologies that utilizes electromagnetic energy to detect, record, identify, and measure the signature of said materials or analytes.