Cyanotech Co. (OTCMKTS:CYAN) Short Interest Update

Cyanotech Co. (OTCMKTS:CYAN) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 111 shares, a decline of 81.8% from the May 31st total of 611 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,635 shares, the days-to-cover ratio is currently 0.1 days.

Cyanotech Price Performance

Shares of OTCMKTS:CYAN opened at $0.52 on Friday. The stock has a market cap of $3.84 million, a P/E ratio of -2.08 and a beta of 0.15. The firm has a fifty day moving average price of $0.43 and a 200 day moving average price of $0.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 0.29. Cyanotech has a 1-year low of $0.21 and a 1-year high of $0.57.

About Cyanotech

Cyanotech Corp. engages in the cultivation, production, and sale of natural products derived from microalgae for the health and human nutrition markets worldwide. Its products include BioAstin Hawaiian Astaxanthin, a dietary antioxidant, which is used as a human dietary supplement and dietary ingredient to support and maintain the body’s natural inflammatory response, enhance skin, and support eye, joint, and immune health; and Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement that is used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids.