Short Interest in Bone Biologics Co. (NASDAQ:BBLG) Declines By 60.4%

Bone Biologics Co. (NASDAQ:BBLG) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 76,500 shares, a decrease of 60.4% from the February 28th total of 193,300 shares. Based on an average daily trading volume, of 211,100 shares, the short-interest ratio is presently 0.4 days. Approximately 14.3% of the company’s shares are sold short.

Bone Biologics Stock Down 0.6 %

BBLG stock opened at $0.84 on Friday. The company has a 50 day moving average price of $0.96 and a two-hundred day moving average price of $1.24. Bone Biologics has a one year low of $0.71 and a one year high of $4.25.

Bone Biologics Company Profile

Bone Biologics Corporation, a medical device company, focuses on bone regeneration in spinal fusion using the recombinant human protein. The company's NELL-1/DBM, an osteopromotive recombinant protein that provides target specific control over bone regeneration. It also develops NELL-1/DBM Fusion Device for use in spinal fusion procedures in skeletally mature patients with spinal degenerative disc disease at one level from L2-S1.