What Will Happen to Biohitech Global Inc (NASDAQ:BHTG) Next? The Stock Has Increase in Shorts

May 17, 2018 - By Paula Hilliard

BioHiTech Global, Inc. (NASDAQ:BHTG) Logo

The stock of Biohitech Global Inc (NASDAQ:BHTG) registered an increase of 44.22% in short interest. BHTG’s total short interest was 21,200 shares in May as published by FINRA. Its up 44.22% from 14,700 shares, reported previously. With 15,700 shares average volume, it will take short sellers 1 days to cover their BHTG’s short positions. The short interest to Biohitech Global Inc’s float is 0.58%.

The stock decreased 1.95% or $0.07 during the last trading session, reaching $3.52. About 10,961 shares traded. BioHiTech Global, Inc. (NASDAQ:BHTG) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

BioHiTech Global, Inc., through its subsidiaries, provides technological, biological, and mechanical engineering solutions for the control, reduction, and/or reuse of organic waste in the United States and internationally. The company has market cap of $50.87 million. The firm offers Eco-Safe Digester, a data-driven, network mechanical/biological technology, which transforms food waste into nutrient-neutral water that could be disposed of through conventional sanitary sewer systems. It currently has negative earnings. The Company’s Eco-Safe Digester digests approximately 3,500 pounds of food waste every day, including vegetables, fruits, meat, fish, poultry, grains, coffee grinds, egg shells, and dairy products.

Another recent and important BioHiTech Global, Inc. (NASDAQ:BHTG) news was published by Streetinsider.com which published an article titled: “UPDATE: BioHiTech Global, Inc. (BHTG) Reports Q1 Loss of $0.49” on May 16, 2018.

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