CanSino Biologics Inc. (OTCMKTS:CASBF) Shares Shorted: Short Interest Down 87.3% in October

CanSino Biologics Inc. (OTCMKTS:CASBF – Get Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 11,640 shares, a drop of 87.3% from the September 30th total of 91,840 shares. Based on an average daily trading volume, of 571 shares, the short-interest ratio is presently 20.4 days.

CanSino Biologics Price Performance

Shares of CanSino Biologics stock opened at C$3.95 on Tuesday. The business has a 50-day simple moving average of C$3.97 and a 200 day simple moving average of C$3.76. CanSino Biologics has a one year low of C$2.60 and a one year high of C$5.60.

CanSino Biologics Company Profile

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CanSino Biologics Inc is a China-based biotechnology company focused on the research, development, manufacturing and commercialization of vaccines. The company develops vaccine technologies intended to address infectious diseases, with activities spanning early-stage research, clinical development, regulatory approval and commercial production.

CanSino’s portfolio includes Convidecia, an adenovirus-based COVID-19 vaccine, and Convidecia Air, an inhaled version designed for respiratory immunization.

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