Yield10 Bioscience, Inc. (NASDAQ:YTEN) Short Interest Down 76.8% in April

Yield10 Bioscience, Inc. (NASDAQ:YTEN) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 218,300 shares, a drop of 76.8% from the March 31st total of 940,900 shares. Based on an average daily volume of 4,900,000 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Lake Street Capital downgraded shares of Yield10 Bioscience from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th.

Yield10 Bioscience Price Performance

Shares of NASDAQ YTEN opened at $0.24 on Friday. The firm’s 50-day moving average price is $0.29 and its 200-day moving average price is $0.27. Yield10 Bioscience has a 52-week low of $0.18 and a 52-week high of $3.29. The company has a market cap of $3.68 million, a PE ratio of -0.11 and a beta of 1.58.

Yield10 Bioscience (NASDAQ:YTEN) last announced its earnings results on Monday, April 1st. The specialty chemicals company reported ($0.27) earnings per share for the quarter.

Yield10 Bioscience Company Profile

Yield10 Bioscience, Inc operates as agricultural bioscience company in the United States. The company primarily focus on production of low carbon products through processing Camelina seeds. Its products include Camelina oil for low carbon biofuel feedstock; Omega-3 oils for nutrition; and PHA bioplastics for biodegradable zero waste packaging solutions.