SenesTech, Inc. (NASDAQ:SNES – Get Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totalling 61,000 shares, an increase of 44.5% from the July 15th total of 42,200 shares. Based on an average trading volume of 15,600 shares, the short-interest ratio is currently 3.9 days. Currently, 11.9% of the shares of the company are sold short.
Institutional Investors Weigh In On SenesTech
An institutional investor recently bought a new position in SenesTech stock. McAdam LLC purchased a new stake in SenesTech, Inc. (NASDAQ:SNES – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 64,348 shares of the company’s stock, valued at approximately $44,000. McAdam LLC owned 1.25% of SenesTech as of its most recent SEC filing. 5.19% of the stock is owned by institutional investors.
SenesTech Trading Down 2.7 %
Shares of SenesTech stock traded down $0.11 on Wednesday, reaching $3.97. 15,929 shares of the company traded hands, compared to its average volume of 29,687. The company has a 50 day moving average of $5.31 and a 200 day moving average of $7.15. The company has a quick ratio of 5.69, a current ratio of 6.91 and a debt-to-equity ratio of 0.03. SenesTech has a 52 week low of $3.75 and a 52 week high of $99.23.
Analyst Ratings Changes
SNES has been the topic of a number of recent analyst reports. HC Wainwright reiterated a “buy” rating and set a $35.00 price target on shares of SenesTech in a report on Tuesday, May 14th. StockNews.com began coverage on SenesTech in a research note on Tuesday. They set a “sell” rating on the stock.
About SenesTech
SenesTech, Inc develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona.
Featured Stories
- Five stocks we like better than SenesTech
- Technology Stocks Explained: Here’s What to Know About Tech
- Brinker International’s Price Dip is an Appetizing Entry Point
- Stock Splits, Do They Really Impact Investors?
- 3 Stocks That Could Beat the September Blues
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Canopy Growth Stock: Can It Sustain Recent Gains?
Receive News & Ratings for SenesTech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SenesTech and related companies with MarketBeat.com's FREE daily email newsletter.