Short Interest in Cardiac Biotech Solutions, Inc. (OTCMKTS:CBSC) Drops By 75.6%

Cardiac Biotech Solutions, Inc. (OTCMKTS:CBSC) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 1,207 shares, a drop of 75.6% from the May 14th total of 4,952 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,844 shares, the days-to-cover ratio is presently 0.1 days.

Cardiac Biotech Solutions Stock Performance

OTCMKTS CBSC remained flat at $0.04 during trading on Friday. The firm’s fifty day moving average price is $0.04 and its 200-day moving average price is $0.04. Cardiac Biotech Solutions has a 12 month low of $0.02 and a 12 month high of $0.06.

About Cardiac Biotech Solutions

CB Scientific, Inc, through its US and international subsidiaries, provides innovative products and services in the ambulatory non-invasive cardiac monitoring space. Our FDA and CE cleared EKG devices, interactive cloud-based acquisition software, and smartphone apps for both iOS and Android platforms, provide improved compliance for patients at risk of abnormal heart rhythms as well as more accurate information for physicians.