Xenetic Biosciences, Inc. (NASDAQ:XBIOW – Get Free Report) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 200 shares, a drop of 50.0% from the March 31st total of 400 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 0.7 days.
Xenetic Biosciences Price Performance
Shares of XBIOW opened at $7.46 on Friday. The stock’s fifty day simple moving average is $11.57 and its 200 day simple moving average is $8.09. Xenetic Biosciences has a twelve month low of $0.70 and a twelve month high of $23.16.
About Xenetic Biosciences
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