BioLargo, Inc. (NASDAQ:BLGO) Sees Significant Increase in Short Interest

BioLargo, Inc. (NASDAQ:BLGO) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 126,800 shares, anincreaseof441.9% from the July 15th total of 23,400 shares. Based on an average daily volume of 996,300 shares, the short-interest ratio is presently 0.1 days. Currently,0.1% of the company’s shares are short sold. Currently,0.1% of the company’s shares are short sold. Based on an average daily volume of 996,300 shares, the short-interest ratio is presently 0.1 days.

BioLargo Stock Performance

BLGO stock opened at $0.18 on Friday. The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 0.03. The business’s fifty day simple moving average is $0.19 and its two-hundred day simple moving average is $0.23. BioLargo has a twelve month low of $0.16 and a twelve month high of $0.32. The firm has a market cap of $54.51 million, a price-to-earnings ratio of -17.70 and a beta of 0.05.

BioLargo Company Profile

BioLargo, Inc invents, develops, and commercializes various platform technologies. Its technologies solve challenging environmental problems comprising per – and polyfluoroalkyl substances (PFAS) water contamination, advanced water and wastewater treatment, industrial odor and volatile organic compounds control, air quality control, infection control, and myriad environmental remediation.