SenesTech, Inc. (NASDAQ:SNES) Short Interest Down 43.3% in September

SenesTech, Inc. (NASDAQ:SNES) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 33,600 shares, a drop of 43.3% from the August 31st total of 59,300 shares. Approximately 6.5% of the company’s shares are short sold. Based on an average daily volume of 44,400 shares, the days-to-cover ratio is currently 0.8 days.

SenesTech Trading Down 1.2 %

SNES traded down $0.03 during midday trading on Friday, reaching $2.51. 16,739 shares of the company were exchanged, compared to its average volume of 37,725. SenesTech has a one year low of $1.90 and a one year high of $55.26. The stock’s 50-day simple moving average is $3.57 and its 200 day simple moving average is $5.74. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.68 and a quick ratio of 3.49.

SenesTech (NASDAQ:SNES) last issued its earnings results on Thursday, August 8th. The company reported ($3.08) EPS for the quarter, beating the consensus estimate of ($3.20) by $0.12. SenesTech had a negative net margin of 464.09% and a negative return on equity of 168.64%. The firm had revenue of $0.46 million during the quarter, compared to the consensus estimate of $0.49 million. During the same quarter in the prior year, the firm earned ($84.03) earnings per share. As a group, equities analysts forecast that SenesTech will post -11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on SenesTech in a research note on Sunday, September 22nd. They issued a “sell” rating on the stock.

SenesTech Company Profile

SenesTech, Inc develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona.