Basanite, Inc. (OTCMKTS:BASA – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 2,909 shares. Based on an average daily trading volume, of 158,961 shares, the days-to-cover ratio is presently 0.0 days.
Basanite Price Performance
BASA stock opened at $0.01 on Monday. Basanite has a 12 month low of $0.01 and a 12 month high of $0.07. The firm has a 50-day moving average price of $0.02 and a 200-day moving average price of $0.02.
Basanite Company Profile
Basanite, Inc is a materials technology company focused on developing and commercializing basalt fiber-reinforced polymer (BFRP) products for the construction industry. Its products are designed to provide a corrosion-resistant alternative to conventional steel reinforcement used in concrete structures.
The company’s product offerings have included basalt-fiber reinforcing bars, commonly referred to as BFRP rebar, as well as related reinforcement materials such as mesh and composite structural products.
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