Short Interest in Pharma-Bio Serv, Inc. (OTCMKTS:PBSV) Drops By 92.3%

Pharma-Bio Serv, Inc. (OTCMKTS:PBSVGet Free Report) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a decline of 92.3% from the December 15th total of 1,300 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is presently 0.0 days.

Pharma-Bio Serv Stock Performance

Pharma-Bio Serv stock traded up $0.04 on Monday, reaching $0.53. The company’s stock had a trading volume of 15,430 shares, compared to its average volume of 4,846. The business’s fifty day moving average price is $0.53 and its 200 day moving average price is $0.59. The company has a market cap of $12.17 million, a price-to-earnings ratio of -17.67 and a beta of 0.51. Pharma-Bio Serv has a twelve month low of $0.31 and a twelve month high of $1.08.

About Pharma-Bio Serv

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Pharma-Bio Serv, Inc operates as a compliance and technology transfer services consulting firm in Puerto Rico, the United States, Europe, Brazil, and internationally. The company provides technical compliance consulting services comprising regulatory compliance, validation, technology transfer, engineering, project management, and process support for the pharmaceutical, chemical manufacturing, biotechnology, medical device, cosmetic, food industries, and allied products companies.

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