MustGrow Biologics Corp. (OTCMKTS:MGROF) Sees Large Drop in Short Interest

MustGrow Biologics Corp. (OTCMKTS:MGROF) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,282 shares, a decrease of 86.2% from the May 31st total of 9,282 shares. Based on an average trading volume of 5,640 shares, the days-to-cover ratio is currently 0.2 days.

MustGrow Biologics Stock Performance

Shares of OTCMKTS:MGROF remained flat at C$0.29 during mid-day trading on Friday. 7,653 shares of the stock were exchanged, compared to its average volume of 4,949. The firm’s fifty day simple moving average is C$0.38 and its two-hundred day simple moving average is C$0.42. MustGrow Biologics has a 52 week low of C$0.28 and a 52 week high of C$0.68.

MustGrow Biologics Company Profile

MustGrow Biologics Corp., an agricultural biotechnology company, focuses on development and commercialization of natural biological technologies and products from mustard seeds. It provides Biocontrol technology platform to treat soil-borne diseases and pests for various crops, including fruit, vegetables, and others; treat unwanted plant growth for use in organic agriculture, and home and garden markets, as well as agriculture markets where glyphosate has been banned; and suppress sprouting, and treat disease and pathogen for storage and food preservation markets.