Basanite Inc. (OTCMKTS:BASA) was the recipient of a large increase in short interest in May. As of May 28th, there was short interest totalling 7,400 shares, an increase of 7,300.0% from the May 13th total of 100 shares. Based on an average trading volume of 399,400 shares, the short-interest ratio is presently 0.0 days.
BASA stock traded down $0.01 on Friday, hitting $0.22. 379,824 shares of the company’s stock were exchanged, compared to its average volume of 309,271. Basanite has a 12-month low of $0.12 and a 12-month high of $1.12. The stock’s 50 day simple moving average is $0.26.
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