Basanite Inc (OTCMKTS:BASA) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 31,200 shares, a decrease of 33.0% from the August 15th total of 46,600 shares. Based on an average daily volume of 163,000 shares, the short-interest ratio is currently 0.2 days.
OTCMKTS:BASA traded up $0.06 during trading hours on Wednesday, reaching $0.72. The company’s stock had a trading volume of 720,033 shares, compared to its average volume of 243,381. Basanite has a one year low of $0.08 and a one year high of $1.12. The business’s 50-day moving average is $0.38 and its 200-day moving average is $0.22.
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