What’s in MEDIBIO LTD ORDINARY SHARES AUSTRALIA (OTCMKTS:MDBIF) After Decline in Shorted Shares?

May 10, 2018 - By Adrian Erickson

The stock of MEDIBIO LTD ORDINARY SHARES AUSTRALIA (OTCMKTS:MDBIF) registered a decrease of 38.89% in short interest. MDBIF’s total short interest was 11,000 shares in May as published by FINRA. Its down 38.89% from 18,000 shares, reported previously. With 5,500 shares average volume, it will take short sellers 2 days to cover their MDBIF’s short positions. The short interest to MEDIBIO LTD ORDINARY SHARES AUSTRALIA’s float is 0.01%.

It closed at $0.14 lastly. It is down 0.00% since May 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Medibio Limited engages in the research, development, and commercialization of medical diagnostic technology for mental health based on Heart Rate Variability technology in Australia. The company has market cap of $25.96 million. The firm also provides animal health, skincare, and agriculture products, which include AGRIPRO, REGEN, QCIDE, and TERMILONE. It currently has negative earnings. It serves clients in the fields of public service, military, aviation, and public health system, as well as health insurance providers.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.