Ainos, Inc. (NASDAQ:AIMD) Sees Large Decline in Short Interest

Ainos, Inc. (NASDAQ:AIMD) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 143,300 shares, a drop of 40.0% from the October 15th total of 238,800 shares. Based on an average daily volume of 656,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 5.7% of the company’s shares are sold short.

Ainos Price Performance

Shares of NASDAQ AIMD opened at $0.50 on Wednesday. Ainos has a twelve month low of $0.40 and a twelve month high of $4.29. The business has a fifty day simple moving average of $0.51 and a two-hundred day simple moving average of $0.72. The company has a quick ratio of 1.45, a current ratio of 1.37 and a debt-to-equity ratio of 0.50.

Ainos (NASDAQ:AIMD) last released its quarterly earnings data on Wednesday, November 6th. The company reported ($0.33) earnings per share for the quarter. Ainos had a negative net margin of 15,348.14% and a negative return on equity of 75.16%.

About Ainos

Ainos, Inc, a healthcare company, engages in developing medical technologies for point-of-care testing and safe and novel medical treatment for disease indications. The company offers COVID-19 antigen rapid test kit and Ainos’ cloud-based test management App, a cloud-based test management platform comprising an antigen rapid test kit, a personal application, and an enterprise app; COVID-19 nucleic acid test; volatile organic compounds point-of-care testing; Very Low-Dose Oral Interferon Alpha, a low-dose oral interferon alpha formulation based IFN-a’s broad treatment applications; and Synthetic RNA developing a SRNA technology platform in Taiwan.