SenesTech, Inc. (NASDAQ:SNES) Short Interest Down 24.3% in November

SenesTech, Inc. (NASDAQ:SNES) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 46,400 shares, a decrease of 24.3% from the November 15th total of 61,300 shares. Based on an average daily volume of 53,700 shares, the short-interest ratio is currently 0.9 days. Currently, 4.8% of the shares of the company are sold short.

SenesTech Stock Performance

Shares of SNES traded up $0.94 during trading hours on Friday, hitting $3.94. The stock had a trading volume of 4,807,457 shares, compared to its average volume of 24,907. The firm has a 50-day moving average price of $2.58 and a 200 day moving average price of $3.88. SenesTech has a fifty-two week low of $1.90 and a fifty-two week high of $21.40. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.92 and a current ratio of 6.32.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. HC Wainwright upped their price objective on shares of SenesTech from $3.50 to $10.00 and gave the company a “buy” rating in a report on Thursday. StockNews.com started coverage on shares of SenesTech in a report on Wednesday. They issued a “sell” rating on the stock.

SenesTech Company Profile

SenesTech, Inc develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered in Phoenix, Arizona.