SenesTech, Inc. (NASDAQ:SNES) Sees Significant Drop in Short Interest

SenesTech, Inc. (NASDAQ:SNES) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 46,400 shares, a decrease of 24.3% from the November 15th total of 61,300 shares. Based on an average daily trading volume, of 53,700 shares, the short-interest ratio is presently 0.9 days. Approximately 4.8% of the company’s shares are short sold.

SenesTech Stock Performance

Shares of SenesTech stock opened at $3.00 on Friday. The company has a current ratio of 6.32, a quick ratio of 4.92 and a debt-to-equity ratio of 0.05. SenesTech has a 12-month low of $1.90 and a 12-month high of $21.40. The business’s 50 day moving average is $2.55 and its 200-day moving average is $3.92.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. HC Wainwright lifted their price target on shares of SenesTech from $3.50 to $10.00 and gave the stock a “buy” rating in a research report on Thursday. StockNews.com started coverage on SenesTech in a research note on Wednesday. They issued a “sell” rating for the company.

About SenesTech

SenesTech, Inc develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona.