Applied Dna Sciences Inc (NASDAQ:BNBX) Short Interest Update

Applied Dna Sciences Inc (NASDAQ:BNBX) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 173,283 shares, a growth of 213.0% from the June 15th total of 55,360 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 271,228 shares, the short-interest ratio is presently 0.6 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Applied Dna Sciences in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Applied Dna Sciences presently has a consensus rating of “Sell”.

Applied Dna Sciences Trading Down 19.0%

Shares of Applied Dna Sciences stock opened at $0.13 on Wednesday. Applied Dna Sciences has a fifty-two week low of $0.11 and a fifty-two week high of $7.15. The business’s fifty day simple moving average is $0.42. The stock has a market cap of $951,120.00, a price-to-earnings ratio of -0.00 and a beta of 0.52.

Applied Dna Sciences (NASDAQ:BNBX) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.68) EPS for the quarter. The business had revenue of $1.02 million during the quarter. Applied Dna Sciences had a negative net margin of 1,647.25% and a negative return on equity of 349.95%.

Applied Dna Sciences Company Profile

Applied DNA Sciences is a U.S.-based biotechnology company that develops and commercializes molecular-level solutions for product authentication, supply chain security and forensic identification. The company’s technologies apply unique DNA markers and laboratory testing methods to tag, track and verify the authenticity of goods and materials, with the goal of combating counterfeiting, diversion and fraud across complex supply chains.

Central to Applied DNA’s offering is a suite of proprietary DNA-based markers and associated assays that can be incorporated into inks, fibers, coatings and other substrates to create tamper-evident, forensic-grade identifiers.