What’s Burcon Nutrascience Corporation Ord (NASDAQ:BUR) Upside After This Short Interest Increase?

September 17, 2017 - By Winifred Garcia

 What's Burcon Nutrascience Corporation Ord (NASDAQ:BUR) Upside After This Short Interest Increase?

The stock of Burcon Nutrascience Corporation Ord (NASDAQ:BUR) registered an increase of 13.32% in short interest. BUR’s total short interest was 53,600 shares in September as published by FINRA. Its up 13.32% from 47,300 shares, reported previously. With 19,300 shares average volume, it will take short sellers 3 days to cover their BUR’s short positions. The short interest to Burcon Nutrascience Corporation Ord’s float is 0.22%.

The stock increased 14.76% or $0.093 on September 15, reaching $0.723. About 1.19M shares traded or 411.49% up from the average. Burcon NutraScience Corp (NASDAQ:BUR) has declined 58.09% since September 17, 2016 and is downtrending. It has underperformed by 74.79% the S&P500.

Burcon NutraScience Corp is a Canada company, which is engaged in development of functional and renewable plant proteins. The company has market cap of $27.35 million. The Firm has developed a portfolio of composition, application and process patents originating from a core protein extraction and purification technology. It currently has negative earnings. The Firm and its subsidiary have developed CLARISOY, a soy protein; and are developing Peazazz, a pea protein, and Puratein, Supertein and Nutratein, approximately three canola protein isolates.

More notable recent Burcon NutraScience Corp (NASDAQ:BUR) news were published by: Quotes.Wsj.com which released: “Burcon NutraScience Corp.” on February 15, 2011, also Globenewswire.com with their article: “ITC Corporation Limited Provides Update Regarding Securities of Burcon …” published on January 27, 2017, Globenewswire.com published: “Burcon Announces Results of Shareholder Meeting” on September 08, 2017. More interesting news about Burcon NutraScience Corp (NASDAQ:BUR) were released by: Streetinsider.com and their article: “Burcon Nutrascience (BUR) Says Archer Daniels Plans to Achieve Full CLARISOY …” published on September 06, 2016 as well as Nasdaq.com‘s news article titled: “Burcon NutraScience Announces Receipt of Nasdaq Letter Regarding Deficiency in …” with publication date: August 25, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.