Short Interest in Avacta Group Plc (OTCMKTS:AVCTF) Rises By 79.2%

Avacta Group Plc (OTCMKTS:AVCTF) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 411,900 shares, an increase of 79.2% from the February 13th total of 229,800 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 1,029.8 days.

Avacta Group Price Performance

Shares of AVCTF stock remained flat at $0.52 on Friday. The firm has a 50 day simple moving average of $0.61 and a 200-day simple moving average of $0.69. Avacta Group has a 12 month low of $0.48 and a 12 month high of $1.33.

About Avacta Group

Avacta Group Plc develops cancer therapies and diagnostics in the United Kingdom, France, North America, South Korea, and rest of Asia and Europe. The company operates through Diagnostics and Therapeutics segments. It develops products based on its proprietary Affimer and pre|CISION technology platforms.