Pharma-Bio Serv Inc. (OTCMKTS:PBSV) Sees Significant Increase in Short Interest

Pharma-Bio Serv Inc. (OTCMKTS:PBSV) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 2,008 shares, a growth of 109.6% from the September 30th total of 958 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 13,020 shares, the days-to-cover ratio is currently 0.2 days.

Pharma-Bio Serv Stock Up 29.5%

Shares of PBSV stock traded up $0.12 during trading hours on Friday, hitting $0.52. 150 shares of the company were exchanged, compared to its average volume of 4,516. The firm has a market cap of $11.91 million, a PE ratio of 52.05 and a beta of 0.69. Pharma-Bio Serv has a 1 year low of $0.32 and a 1 year high of $0.65. The firm has a fifty day moving average of $0.48 and a 200 day moving average of $0.51.

About Pharma-Bio Serv

Pharma-Bio Serv, Inc is a professional services and consulting company that supports pharmaceutical, biotechnology, medical device, and related life sciences organizations. Its work is focused on helping clients develop, implement, and maintain the technical, quality, and regulatory systems required to manufacture and commercialize healthcare products.

The company provides services that may include validation, regulatory compliance, quality assurance, engineering, technical consulting, project management, and support for manufacturing and facility-related initiatives.