Revelation Biosciences, Inc. (NASDAQ:REVBW – Get Free Report) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 79,979 shares, a drop of 51.1% from the December 15th total of 163,692 shares. Based on an average daily volume of 46,288 shares, the short-interest ratio is currently 1.7 days. Based on an average daily volume of 46,288 shares, the short-interest ratio is currently 1.7 days.
Revelation Biosciences Stock Performance
Shares of NASDAQ REVBW traded up $0.00 during trading hours on Friday, hitting $0.01. 54,715 shares of the company traded hands, compared to its average volume of 23,788. The company’s 50 day moving average price is $0.01 and its 200 day moving average price is $0.01. Revelation Biosciences has a 12 month low of $0.01 and a 12 month high of $0.02.
About Revelation Biosciences
Revelation Biosciences, Inc (NASDAQ: REVBW) is a clinical-stage molecular diagnostics company focused on the rapid detection of life-threatening bacterial infections. The company leverages next-generation sequencing (NGS) to analyze cell-free microbial DNA in patient blood samples, with an emphasis on early identification of pathogens in bloodstream infections and hospital-acquired pneumonia. By targeting critically ill patients, Revelation Biosciences aims to shorten time to diagnosis and guide more effective antimicrobial therapy.
The company’s technology platform integrates high-throughput DNA sequencing with proprietary bioinformatics algorithms to differentiate pathogenic microbes from background microbial DNA.
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