BIOCORRX INC (OTCMKTS:BICX) on Focus After Report of More Shorts

May 17, 2018 - By Tina Thibodeau

BioCorRx Inc. (OTCMKTS:BICX) Logo

The stock of BIOCORRX INC (OTCMKTS:BICX) registered an increase of 6.78% in short interest. BICX’s total short interest was 592,400 shares in May as published by FINRA. Its up 6.78% from 554,800 shares, reported previously. With 815,500 shares average volume, it will take short sellers 1 days to cover their BICX’s short positions. The short interest to BIOCORRX INC’s float is 0.37%.

The stock increased 3.50% or $0.0038 during the last trading session, reaching $0.1125. About 278,298 shares traded. BioCorRx Inc. (OTCMKTS:BICX) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

BioCorRx Inc., through its wholly owned subsidiary, Fresh Start Private, Inc., operates alcoholism and opioid addiction rehabilitation and treatment centers in California. The company has market cap of $27.74 million. The firm distributes and licenses BioCorRx Recovery Program for the treatment of alcoholism and opioid addiction consisting of a Naltrexone implant that is placed under the skin in the lower abdomen coupled with a counseling/life coaching program, including a series of modules to be used by trained counselors. It currently has negative earnings. The Company’s program is primarily used by independently owned and licensed clinics.

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