Arch Therapeutics, Inc. (OTCMKTS:ARTH – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 14,600 shares, an increase of 16.8% from the October 15th total of 12,500 shares. Based on an average daily trading volume, of 18,200 shares, the days-to-cover ratio is currently 0.8 days.
Arch Therapeutics Stock Up 3.6 %
Shares of ARTH stock opened at $0.26 on Friday. The stock has a 50 day simple moving average of $0.41 and a 200-day simple moving average of $0.73. Arch Therapeutics has a 1-year low of $0.17 and a 1-year high of $18.00.
Arch Therapeutics (OTCMKTS:ARTH – Get Free Report) last announced its earnings results on Monday, August 19th. The biotechnology company reported ($1.44) earnings per share for the quarter. The firm had revenue of $0.03 million during the quarter.
Arch Therapeutics Company Profile
Arch Therapeutics, Inc, together with its subsidiaries, operates as a biotechnology company in the United States. It develops and markets products based on its AC5 self-assembling technology platform to stop bleeding and control leaking, as well as manages wounds during surgery, trauma, and interventional care or from disease.
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