CanSino Biologics Inc. (OTCMKTS:CASBF) Sees Significant Growth in Short Interest

CanSino Biologics Inc. (OTCMKTS:CASBFGet Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 11,438 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average trading volume of 48 shares, the short-interest ratio is currently 238.3 days.

CanSino Biologics Stock Performance

Shares of OTCMKTS:CASBF opened at C$3.15 on Wednesday. The business has a fifty day moving average price of C$3.04 and a 200-day moving average price of C$3.73. CanSino Biologics has a 1-year low of C$2.60 and a 1-year high of C$6.99.

CanSino Biologics Company Profile

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CanSino Biologics Inc is a China-based biopharmaceutical company focused on the research, development and commercialization of vaccine products. Headquartered in Tianjin, the company leverages an adenovirus vector platform to develop single-dose and recombinant vaccines targeting a range of infectious diseases. CanSino’s pipeline includes its authorized COVID-19 vaccine, Convidecia (Ad5-nCoV), as well as candidates for Ebola, influenza and other pathogens.

Since its founding in 2009, CanSino has built end-to-end capabilities spanning antigen discovery, process development and large-scale manufacturing.

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