bioAffinity Technologies, Inc. (NASDAQ:BIAFW – Get Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,070 shares, an increase of 415.8% from the July 30th total of 789 shares. Based on an average daily volume of 711 shares, the days-to-cover ratio is currently 5.7 days.
bioAffinity Technologies Trading Up 77.1%
Shares of BIAFW opened at $0.13 on Wednesday. bioAffinity Technologies has a fifty-two week low of $0.05 and a fifty-two week high of $0.81. The firm has a 50-day simple moving average of $0.11 and a 200-day simple moving average of $0.21.
About bioAffinity Technologies
bioAffinity Technologies, Inc is a clinical-stage medical device company developing an extracorporeal immunoadsorption platform intended to treat Gram-negative sepsis and other severe inflammatory conditions. The company’s technology employs specialized sorbent cartridges designed to selectively bind and remove circulating endotoxins and inflammatory mediators from the bloodstream, with the goal of supporting critical care interventions and improving patient outcomes.
In preclinical studies, bioAffinity’s hemoperfusion devices have demonstrated the ability to capture lipopolysaccharides released by Gram-negative bacteria, leading to reductions in pro-inflammatory cytokines and enhanced survival rates in animal models.
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