What’s Next for Senestech Inc (NASDAQ:SNES) After Having Less Shares Shorted?

June 10, 2018 - By Winifred Garcia

The stock of Senestech Inc (NASDAQ:SNES) registered a decrease of 8.94% in short interest. SNES’s total short interest was 277,000 shares in June as published by FINRA. Its down 8.94% from 304,200 shares, reported previously. With 37,500 shares average volume, it will take short sellers 7 days to cover their SNES’s short positions. The short interest to Senestech Inc’s float is 4.51%.

The stock decreased 15.06% or $0.25 during the last trading session, reaching $1.41. About 2.51M shares traded or 16.49% up from the average. SenesTech, Inc. (NASDAQ:SNES) has declined 82.16% since June 10, 2017 and is downtrending. It has underperformed by 94.73% the S&P500.

SenesTech, Inc. develops a technology for managing animal pest populations through fertility control. The company has market cap of $23.32 million. The firm focuses on commercializing ContraPest, a fertility control product for use in controlling rat populations. It currently has negative earnings. It is also developing a pipeline of fertility control and animal health products, including plant fertility control, feral animal fertility control, non-surgical spay and neutering, boar taint, and animal cancer treatment.

Another recent and important SenesTech, Inc. (NASDAQ:SNES) news was published by Nasdaq.com which published an article titled: “Mid-Day Market Update: Dow Up 300 Points; SenesTech Shares Spike Higher” on May 21, 2018.

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