Will Yield10 Bioscience Inc (NASDAQ:YTEN) Run Out of Steam Soon? Short Interest is Up

June 16, 2018 - By Michael Collier

The stock of Yield10 Bioscience Inc (NASDAQ:YTEN) registered an increase of 2.23% in short interest. YTEN’s total short interest was 983,600 shares in June as published by FINRA. Its up 2.23% from 962,100 shares, reported previously. With 242,100 shares average volume, it will take short sellers 4 days to cover their YTEN’s short positions. The short interest to Yield10 Bioscience Inc’s float is 32.93%.

The stock decreased 4.05% or $0.06 during the last trading session, reaching $1.42. About 107,094 shares traded. Yield10 Bioscience, Inc. (NASDAQ:YTEN) has declined 61.43% since June 16, 2017 and is downtrending. It has underperformed by 74.00% the S&P500.

Yield10 Bioscience, Inc., an agricultural bioscience company, engages in developing disruptive technologies for enhancing crop yield in the United States. The company has market cap of $14.19 million. It is developing various yield traits using proprietary advanced biotechnology trait gene discovery platforms. It currently has negative earnings. The firm was formerly known as Metabolix, Inc. and changed its name to Yield10 Bioscience, Inc. in January 2017.

Another recent and important Yield10 Bioscience, Inc. (NASDAQ:YTEN) news was published by Globenewswire.com which published an article titled: “Yield10 Bioscience Exercises Option with University of Missouri to Obtain Exclusive Worldwide License to Advanced …” on May 22, 2018.

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