Know Labs, Inc. (NYSEAMERICAN:KNW) Short Interest Up 20.9% in December

Know Labs, Inc. (NYSEAMERICAN:KNW) was the target of a large increase in short interest during the month of 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 shares of the stock are sold short. Based on an average daily volume of 1,600,000 shares, the short-interest ratio is presently 0.6 days.

Know Labs Stock Up 7.5 %

Shares of KNW opened at $0.15 on Friday. Know Labs has a 52 week low of $0.13 and a 52 week high of $0.92.

Hedge Funds Weigh In On Know Labs

An institutional investor recently raised its position in Know Labs stock. PFG Investments LLC lifted its holdings in shares of Know Labs, Inc. (NYSEAMERICAN:KNW) by 886.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 976,838 shares of the company’s stock after purchasing an additional 877,838 shares during the period. PFG Investments LLC owned 0.98% of Know Labs worth $280,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 23.96% of the company’s stock.

About Know Labs

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.