MustGrow Biologics Corp. (OTCMKTS:MGROF) Short Interest Down 88.5% in August

MustGrow Biologics Corp. (OTCMKTS:MGROF) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,500 shares, a decline of 88.5% from the August 15th total of 21,660 shares. Based on an average daily volume of 4,404 shares, the short-interest ratio is presently 0.6 days.

MustGrow Biologics Price Performance

Shares of MGROF traded up C$0.02 during midday trading on Thursday, reaching C$0.32. The stock had a trading volume of 6,100 shares, compared to its average volume of 5,444. The company’s 50-day moving average is C$0.29 and its 200 day moving average is C$0.35. MustGrow Biologics has a 12-month low of C$0.22 and a 12-month high of C$0.68.

MustGrow Biologics Company Profile

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.