Short Interest in AquaBounty Technologies, Inc. (NASDAQ:AQB) Decreases By 26.6%

AquaBounty Technologies, Inc. (NASDAQ:AQB) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 150,900 shares, a decline of 26.6% from the January 31st total of 205,500 shares. Approximately 4.0% of the company’s shares are short sold. Based on an average trading volume of 480,600 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of AquaBounty Technologies

An institutional investor recently raised its position in AquaBounty Technologies stock. Epiq Partners LLC raised its holdings in shares of AquaBounty Technologies, Inc. (NASDAQ:AQB) by 423.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,000 shares of the company’s stock after purchasing an additional 72,000 shares during the quarter. Epiq Partners LLC owned 2.30% of AquaBounty Technologies worth $56,000 as of its most recent SEC filing. 8.92% of the stock is owned by institutional investors.

AquaBounty Technologies Stock Performance

NASDAQ:AQB opened at $0.73 on Monday. The company has a fifty day moving average of $0.75 and a 200-day moving average of $0.93. The firm has a market capitalization of $2.81 million, a P/E ratio of -0.04 and a beta of 1.18. The company has a quick ratio of 2.98, a current ratio of 3.02 and a debt-to-equity ratio of 0.05. AquaBounty Technologies has a twelve month low of $0.47 and a twelve month high of $2.59.

AquaBounty Technologies Company Profile

AquaBounty Technologies, Inc, a biotechnology company, operates in the aquaculture industry in the United States and Canada. The company engages in genetic, genomic, and fish health and nutrition research activities. It also operates salmon farms using proprietary technology. In addition, the company offers AquAdvantage Salmon, a genetically engineered Atlantic salmon for human consumption; and sells conventional Atlantic salmon, salmon eggs, fry, and byproducts.