Short Interest in Banro Decreases By 24.5% (BAA)
Shares of Banro (NYSE:BAA) saw a large drop in short interest in the month of August. As of August 15th, there was short interest totalling 330,262 shares, a drop of 24.5% from the July 31st total of 437,434 shares, AnalystRatings.NET reports. Based on an average daily trading volume, of 1,378,923 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.
Banro (NYSE:BAA) opened at 0.267 on Thursday. Banro has a 52-week low of $0.18 and a 52-week high of $0.92. The stock has a 50-day moving average of $0.26 and a 200-day moving average of $0.44. The company’s market cap is $67.3 million.
Banro Corporation (NYSE:BAA) is a Canada-based gold exploration company.
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