Is BIONIK LABORATORIES CORPORATION (OTCMKTS:BNKL) a Buy? The Stock Reported Less Sellers

January 13, 2018 - By Vivian Currie

The stock of BIONIK LABORATORIES CORPORATION (OTCMKTS:BNKL) registered a decrease of 91.67% in short interest. BNKL’s total short interest was 200 shares in January as published by FINRA. Its down 91.67% from 2,400 shares, reported previously.

The stock increased 5.88% or $0.01 during the last trading session, reaching $0.18. About 11,750 shares traded. Bionik Laboratories Corp. (OTCMKTS:BNKL) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Bionik Laboratories Corp., a robotics company, focuses on providing rehabilitation and mobility solutions to individuals with neurological and mobility challenges from hospital to home. The company has market cap of $18.68 million. The firm specializes in designing, developing, and commercializing physical rehabilitation technologies, prosthetics, and assisted robotic products. It currently has negative earnings. It offers InMotion Systems, which include the InMotion ARM that allows clinicians to deliver sensor motor therapy to the shoulder and elbow to develop new neural pathways; InMotion ARM/HAND, an add-on module to be used with the InMotion ARM; and InMotion WRIST, a medical device that enables clinicians to deliver optimum intensive sensor motor wrist and forearm therapy to patients with neurological conditions.

More notable recent Bionik Laboratories Corp. (OTCMKTS:BNKL) news were published by: Prnewswire.com which released: “Bionik Laboratories Enters into Merger Agreement to Acquire Interactive Motion …” on March 07, 2016, also Prnewswire.com with their article: “Bionik Laboratories Corp. Issues Letter to Shareholders” published on August 22, 2017, Prnewswire.com published: “Bionik Laboratories Corp. Completes Integration of Amazon Echo into its ARKE …” on August 08, 2017. More interesting news about Bionik Laboratories Corp. (OTCMKTS:BNKL) were released by: Prnewswire.com and their article: “Bionik Laboratories Announces Closing of Acquisition of Interactive Motion …” published on April 21, 2016 as well as Prnewswire.com‘s news article titled: “Chinese Fund Invests in Bionik Laboratories and Establishes Joint Venture” with publication date: May 24, 2017.

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