Short Interest in AquaBounty Technologies, Inc. (NASDAQ:AQB) Grows By 5.1%

AquaBounty Technologies, Inc. (NASDAQ:AQB) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 72,300 shares, an increase of 5.1% from the August 15th total of 68,800 shares. Based on an average daily volume of 23,800 shares, the short-interest ratio is presently 3.0 days. Approximately 2.0% of the company’s shares are sold short.

AquaBounty Technologies Stock Down 2.4 %

Shares of AquaBounty Technologies stock opened at $1.20 on Thursday. AquaBounty Technologies has a one year low of $0.81 and a one year high of $6.13. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.96 and a quick ratio of 1.96. The stock’s 50-day moving average is $1.30 and its 200 day moving average is $1.68. The firm has a market cap of $4.63 million, a price-to-earnings ratio of -0.14 and a beta of 1.14.

AquaBounty Technologies (NASDAQ:AQB) last announced its quarterly earnings results on Tuesday, August 6th. The company reported ($1.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.93) by ($0.63). The firm had revenue of $0.18 million during the quarter, compared to the consensus estimate of $0.10 million. AquaBounty Technologies had a negative return on equity of 17.81% and a negative net margin of 3,923.57%. Equities research analysts anticipate that AquaBounty Technologies will post -4.86 EPS for the current year.

About AquaBounty Technologies

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.