Basanite, Inc. (OTCMKTS:BASA – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 58,988 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 428,494 shares, the short-interest ratio is currently 0.1 days.
Basanite Stock Up 0.6%
OTCMKTS:BASA opened at $0.02 on Friday. The stock’s 50-day moving average is $0.02 and its two-hundred day moving average is $0.03. Basanite has a fifty-two week low of $0.01 and a fifty-two week high of $0.07.
Basanite (OTCMKTS:BASA – Get Free Report) last announced its quarterly earnings results on Sunday, June 28th. The company reported ($0.01) EPS for the quarter.
Basanite Company Profile
Basanite, Inc engages in the basalt fiber reinforced polymer (FRP) business worldwide. It produces basalt FRP products that are used as replacement for other FRP rebar and industry fiber products, as wells as steel reinforcement. The company was formerly known as PayMeOn, Inc and changed its name to Basanite, Inc in December 2018. The company was founded in 2006 and is headquartered in Pompano Beach, Florida.
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