Stock Short Interest Filing: A Reversal for ADVANSOURCE PHRM (OTCMKTS:ASNB) Is Not Near. The Stock Has Rise in Shorts

November 24, 2016 - By Marie Mckinney   ·   0 Comments

Stock Short Interest Filing: A Reversal for ADVANSOURCE PHRM (OTCMKTS:ASNB) Is Not Near. The Stock Has Rise in Shorts

The stock of ADVANSOURCE PHRM (OTCMKTS:ASNB) registered an increase of 2300% in short interest. ASNB’s total short interest was 2,400 shares in November as published by FINRA. Its up 2300% from 100 shares, reported previously. With 24,200 shares average volume, it will take short sellers 0 days to cover their ASNB’s short positions. The stock increased 21.43% or $0.015 on November 23, hitting $0.085. About 476,200 shares traded hands or 2331.33% up from the average. AdvanSource Biomaterials Corporation (OTCMKTS:ASNB) has declined 40.00% since April 22, 2016 and is downtrending. It has underperformed by 45.41% the S&P500.

AdvanSource Biomaterials Corporation develops polymer materials. The company has a market cap of $1.80 million. The Company’s biomaterials are used in devices that are designed for treating a range of anatomical sites and disease states. It currently has negative earnings. The Firm makes and sells its polymers under the trade names, including ChronoFilm, ChronoFlex, ChronoThane, ChronoPrene, ChronoSil, HydroThane and PolyBlend.

ASNB Company Profile

AdvanSource Biomaterials Corporation, incorporated on May 5, 2008, develops polymer materials. The Company’s biomaterials are used in devices that are designed for treating a range of anatomical sites and disease states. The Firm makes and sells its polymers under the trade names, including ChronoFilm, ChronoFlex, ChronoThane, ChronoPrene, ChronoSil, HydroThane and PolyBlend. The Firm also offers HydroMed. The Firm also makes specialty hydrophilic polyurethanes.

More notable recent AdvanSource Biomaterials Corporation (OTCMKTS:ASNB) news were published by: Businesswire.com which released: “AdvanSource Biomaterials Engages Mirus Securities Inc. as Its Strategic Advisor” on December 03, 2015, also Businesswire.com with their article: “AdvanSource Biomaterials Announces Multi-Year Supply Agreement with Prominent …” published on December 08, 2015, Businesswire.com published: “Access Scientific and AdvanSource Biomaterials Announce Agreement on …” on April 26, 2011. More interesting news about AdvanSource Biomaterials Corporation (OTCMKTS:ASNB) were released by: Globenewswire.com and their article: “Rising Need of Medical Implants to Drive Biomaterials Market for Implantable …” published on December 16, 2014 as well as Medgadget.com‘s news article titled: “Biomaterials Manufacturers Market commercialization of Nanotechnology Holds …” with publication date: September 01, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Marie Mckinney


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>