Nutriband Inc. (NASDAQ:NTRB) Short Interest Update

Nutriband Inc. (NASDAQ:NTRB) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 49,100 shares, an increase of 35.3% from the March 31st total of 36,300 shares. Based on an average trading volume of 43,100 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.3% of the company’s shares are sold short.

Nutriband Stock Down 3.7 %

NTRB opened at $3.42 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.54 and a current ratio of 2.79. The stock’s fifty day moving average is $3.30 and its two-hundred day moving average is $2.78. Nutriband has a 52 week low of $1.53 and a 52 week high of $5.93.

About Nutriband

Nutriband Inc develops a portfolio of transdermal pharmaceutical products. Its lead product in development is AVERSA fentanyl, an abuse deterrent fentanyl transdermal system that provides clinicians and patients with an extended-release transdermal fentanyl product for use in managing chronic pain requiring around the clock opioid therapy.