Basanite, Inc. (OTCMKTS:BASA) Short Interest Update

Basanite, Inc. (OTCMKTS:BASAGet Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,600 shares, a growth of 1,700.0% from the March 31st total of 200 shares. Based on an average trading volume of 302,800 shares, the days-to-cover ratio is currently 0.0 days.

Basanite Stock Up 14.4 %

Basanite stock opened at $0.04 on Monday. Basanite has a 12-month low of $0.00 and a 12-month high of $0.09. The firm’s fifty day moving average price is $0.04 and its 200 day moving average price is $0.05.

Basanite Company Profile

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Basanite, Inc engages in the basalt fiber reinforced polymer (FRP) business worldwide. It produces basalt FRP products that are used as replacement for other FRP rebar and industry fiber products, as wells as steel reinforcement. The company was formerly known as PayMeOn, Inc and changed its name to Basanite, Inc in December 2018.

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