AquaBounty Technologies, Inc. (NASDAQ:AQB) Short Interest Update

AquaBounty Technologies, Inc. (NASDAQ:AQB) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 130,200 shares, a decrease of 13.7% from the February 13th total of 150,900 shares. Approximately 3.4% of the company’s shares are short sold. Based on an average daily volume of 478,500 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AquaBounty Technologies stock. Epiq Partners LLC lifted its position in AquaBounty Technologies, Inc. (NASDAQ:AQB) by 423.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,000 shares of the company’s stock after acquiring an additional 72,000 shares during the period. Epiq Partners LLC owned 2.30% of AquaBounty Technologies worth $56,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 8.92% of the company’s stock.

AquaBounty Technologies Trading Down 3.2 %

AQB opened at $0.60 on Wednesday. The business has a 50 day simple moving average of $0.73 and a two-hundred day simple moving average of $0.90. The firm has a market capitalization of $2.32 million, a price-to-earnings ratio of -0.03 and a beta of 1.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.02 and a quick ratio of 2.98. AquaBounty Technologies has a one year low of $0.47 and a one year high of $2.22.

AquaBounty Technologies Company Profile

AquaBounty Technologies, Inc, a biotechnology company, operates in the aquaculture industry in the United States and Canada. The company engages in genetic, genomic, and fish health and nutrition research activities. It also operates salmon farms using proprietary technology. In addition, the company offers AquAdvantage Salmon, a genetically engineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts.