Basanite, Inc. (OTCMKTS:BASA) Short Interest Update

Posted by James Quigley on Sep 28th, 2026

Basanite, Inc. (OTCMKTS:BASA – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 6,766 shares. Based on an average daily volume of 188,030 shares, the days-to-cover ratio is currently 0.0 days.

Basanite Stock Performance

Shares of OTCMKTS:BASA traded up $0.01 during midday trading on Monday, hitting $0.03. 16,800 shares of the stock were exchanged, compared to its average volume of 140,670. The business’s 50-day moving average price is $0.02 and its 200 day moving average price is $0.02. Basanite has a 12 month low of $0.01 and a 12 month high of $0.07.

Basanite (OTCMKTS:BASA – Get Free Report) last issued its quarterly earnings data on Sunday, June 28th. The company reported ($0.01) earnings per share (EPS) for the quarter.

Basanite Company Profile

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Basanite, Inc is a materials company focused on basalt fiber reinforced polymer (BFRP) products for the construction industry. Its products are designed as alternatives to conventional steel reinforcement used in concrete and other structural applications.

The company’s offerings have included basalt-fiber reinforcing bar, mesh and related composite reinforcement products. These materials are intended to provide corrosion-resistant reinforcement for infrastructure, commercial, industrial and residential construction projects.

Basanite has been associated with the development and commercialization of basalt-based composite building materials in the United States.