Short Interest in CanSino Biologics Inc. (OTCMKTS:CASBF) Drops By 46.0%

CanSino Biologics Inc. (OTCMKTS:CASBF) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 10,800 shares, a drop of 46.0% from the December 15th total of 20,000 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 27.0 days.

CanSino Biologics Price Performance

Shares of OTCMKTS CASBF traded up C$0.07 during midday trading on Thursday, reaching C$3.37. The company’s stock had a trading volume of 765 shares, compared to its average volume of 1,153. The firm has a 50 day moving average price of C$3.91 and a 200-day moving average price of C$3.11. CanSino Biologics has a 12-month low of C$1.86 and a 12-month high of C$4.35.

About CanSino Biologics

CanSino Biologics Inc develops, manufactures, and commercializes vaccines in the People's Republic of China. The company develops Convidecia and the Ad5-nCoV for Inhalation vaccines to recombinant novel coronavirus disease; Ad5-EBOV, an Ebola virus vaccine; and MCV2 and MCV4 vaccines for the prevention of N.