CanSino Biologics Inc. (OTCMKTS:CASBF) Shares Shorted: Short Interest Down 82.8% in September

CanSino Biologics Inc. (OTCMKTS:CASBF – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 83,640 shares, a decrease of 82.8% from the August 31st total of 485,040 shares. Based on an average trading volume of 7 shares, the short-interest ratio is presently 11,948.6 days.

CanSino Biologics Price Performance

Shares of OTCMKTS:CASBF opened at C$2.95 on Friday. The stock’s 50-day moving average is C$3.61 and its 200-day moving average is C$3.52. CanSino Biologics has a 52-week low of C$2.60 and a 52-week 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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