Akers Biosciences Inc (AKER) Short Interest Update

Akers Biosciences Inc (NASDAQ:AKER) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 9,287,791 shares, a growth of 911.6% from the January 12th total of 918,119 shares. Based on an average daily trading volume, of 15,501,673 shares, the short-interest ratio is currently 0.6 days. Currently, 43.4% of the shares of the stock are short sold.

Shares of Akers Biosciences (NASDAQ AKER) opened at $0.43 on Monday. The stock has a market cap of $10.99, a PE ratio of -0.72 and a beta of 1.09. Akers Biosciences has a one year low of $0.12 and a one year high of $2.90.

Akers Biosciences (NASDAQ:AKER) last announced its quarterly earnings data on Wednesday, November 15th. The medical instruments supplier reported ($0.13) earnings per share (EPS) for the quarter. The firm had revenue of $0.68 million for the quarter. Akers Biosciences had a negative return on equity of 94.44% and a negative net margin of 134.31%.

Separately, ValuEngine upgraded shares of Akers Biosciences from a “sell” rating to a “hold” rating in a research note on Friday, December 1st.

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Akers Biosciences Company Profile

Akers Biosciences, Inc, together with its subsidiaries, develops, manufactures, and supplies rapid screening and testing products designed to deliver healthcare information to healthcare providers and consumers in the United States and internationally. The company’s marketed products include BreathScan, a disposable breath alcohol detector; BreathScan PRO, a quantitative breath alcohol detection system; METRON, a disposable breath ketone device to monitor ketosis; and BreathScan Lync, a non-invasive, quantitative measurement of biological markers for health and wellness.

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