BioNexus Gene Lab Corp. (NASDAQ:BGLC) Short Interest Update

BioNexus Gene Lab Corp. (NASDAQ:BGLC) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 197,100 shares, an increase of 164.6% from the November 30th total of 74,500 shares. Based on an average daily trading volume, of 602,900 shares, the short-interest ratio is currently 0.3 days. Currently, 1.7% of the shares of the company are sold short.

BioNexus Gene Lab Price Performance

BioNexus Gene Lab stock opened at $0.24 on Friday. BioNexus Gene Lab has a twelve month low of $0.21 and a twelve month high of $3.39. The company’s 50-day moving average price is $0.31 and its two-hundred day moving average price is $0.40.

About BioNexus Gene Lab

BioNexus Gene Lab Corp., through its subsidiary, sells chemical raw material products in Malaysia, Indonesia, Vietnam, and other countries in Southeast Asia. The company offers chemical raw material products, which include Polyester Resin SHCP 268, a thixotropic, quick-curing unsaturated polyester resin suitable as a general-purpose resin; Polyester Resin 9509, a general-purpose material used in production of marine boats and water slides; and Polyester Resin 2802 used as a component in the pultrusion process by certain manufacturers.