Nutriband Inc. (NASDAQ:NTRB) Short Interest Update

Nutriband Inc. (NASDAQ:NTRB) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 49,100 shares, an increase of 35.3% from the March 31st total of 36,300 shares. Based on an average trading volume of 43,100 shares, the short-interest ratio is presently 1.1 days. Approximately 1.3% of the shares of the company are sold short.

Nutriband Stock Performance

Shares of Nutriband stock traded up $0.01 during trading on Tuesday, reaching $3.43. The company’s stock had a trading volume of 831 shares, compared to its average volume of 36,698. The company has a 50-day moving average price of $3.30 and a two-hundred day moving average price of $2.78. Nutriband has a fifty-two week low of $1.53 and a fifty-two week high of $5.93. The company has a current ratio of 2.79, a quick ratio of 2.54 and a debt-to-equity ratio of 0.37. The firm has a market cap of $26.86 million, a PE ratio of -5.10 and a beta of 0.85.

About Nutriband

Nutriband Inc develops a portfolio of transdermal pharmaceutical products. Its lead product in development is AVERSA fentanyl, an abuse deterrent fentanyl transdermal system that provides clinicians and patients with an extended-release transdermal fentanyl product for use in managing chronic pain requiring around the clock opioid therapy.