MustGrow Biologics Corp. (OTCMKTS:MGROF) Sees Large Increase in Short Interest

MustGrow Biologics Corp. (OTCMKTS:MGROF) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 21,582 shares, a growth of 350.4% from the April 15th total of 4,792 shares. Based on an average daily volume of 2,843 shares, the days-to-cover ratio is presently 7.6 days.

MustGrow Biologics Price Performance

Shares of OTCMKTS MGROF traded up C$0.01 during midday trading on Friday, hitting C$0.42. 2,450 shares of the company’s stock traded hands, compared to its average volume of 4,597. MustGrow Biologics has a 1 year low of C$0.35 and a 1 year high of C$0.74. The firm has a fifty day moving average of C$0.40 and a 200 day moving average of C$0.44.

About MustGrow Biologics

MustGrow Biologics Corp., an agricultural biotechnology company, focuses on development and commercialization of natural biological technologies and products from mustard seeds. It provides Biocontrol technology platform to treat soil-borne diseases and pests for various crops, including fruit, vegetables, and others; treat unwanted plant growth for use in organic agriculture, and home and garden markets, as well as agriculture markets where glyphosate has been banned; and suppress sprouting, and treat disease and pathogen for storage and food preservation markets.