PURE Bioscience, Inc. (OTCMKTS:PURE – Get Rating) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 6,400 shares, a decrease of 14.7% from the March 31st total of 7,500 shares. Based on an average daily volume of 131,500 shares, the days-to-cover ratio is presently 0.0 days.
PURE Bioscience Price Performance
Shares of PURE stock opened at $0.09 on Friday. The firm's 50-day moving average is $0.13 and its 200-day moving average is $0.14. PURE Bioscience has a 52-week low of $0.07 and a 52-week high of $0.24.
Get PURE Bioscience alerts:PURE Bioscience (OTCMKTS:PURE – Get Rating) last issued its earnings results on Friday, March 17th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.40 million during the quarter. PURE Bioscience had a negative net margin of 228.72% and a negative return on equity of 142.15%.
Institutional Investors Weigh In On PURE Bioscience
An institutional investor recently bought a new position in PURE Bioscience stock. IFG Advisory LLC acquired a new position in shares of PURE Bioscience, Inc. (OTCMKTS:PURE – Get Rating) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 809,809 shares of the company's stock, valued at approximately $161,000. IFG Advisory LLC owned about 0.92% of PURE Bioscience as of its most recent SEC filing. 0.92% of the stock is currently owned by institutional investors and hedge funds.
PURE Bioscience Company Profile
(Get Rating)
PURE Bioscience, Inc engages in the discovery, development, and commercialization of proprietary antimicrobial products for pathogen and hygienic control. It offers silver dihydrogen citrate-based disinfecting and sanitizing products. The company was founded by Michael L. Krall on August 24, 1992 and is headquartered in Rancho Cucamonga, CA.
Further Reading
- Get a free copy of the StockNews.com research report on PURE Bioscience (PURE)
- MarketBeat Week in Review – 4/24 – 4/28
- How to Invest in the Top Grocery Stocks for This Year
- Array Technologies Brings Solar Flare To 2023 Earnings Forecast
- Best Bank Stocks to Invest in Ahead of Rising Interest Rates
- How to Invest in Farmland: 7 Simple Ways
Receive News & Ratings for PURE Bioscience Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PURE Bioscience and related companies with MarketBeat.com's FREE daily email newsletter.