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

MustGrow Biologics Corp. (OTCMKTS:MGROF) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,282 shares, a decline of 86.2% from the May 31st total of 9,282 shares. Based on an average daily volume of 5,640 shares, the days-to-cover ratio is presently 0.2 days.

MustGrow Biologics Stock Performance

MGROF stock traded up C$0.00 during mid-day trading on Friday, hitting C$0.29. 2,000 shares of the company were exchanged, compared to its average volume of 4,909. The firm’s 50 day simple moving average is C$0.38 and its 200 day simple moving average is C$0.42. MustGrow Biologics has a 1-year low of C$0.28 and a 1-year high of C$0.68.

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.