Arch Therapeutics, Inc. (OTCMKTS:ARTH – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 12,500 shares, a decrease of 28.2% from the September 30th total of 17,400 shares. Based on an average daily trading volume, of 29,900 shares, the short-interest ratio is presently 0.4 days.
Arch Therapeutics Stock Performance
OTCMKTS:ARTH opened at $0.39 on Friday. Arch Therapeutics has a 52 week low of $0.17 and a 52 week high of $18.00. The stock’s 50-day moving average price is $0.49 and its 200-day moving average price is $0.82.
Arch Therapeutics (OTCMKTS:ARTH – Get Free Report) last issued its quarterly earnings data on Monday, August 19th. The biotechnology company reported ($1.44) EPS for the quarter. The business had revenue of $0.03 million during the quarter.
About Arch Therapeutics
Arch Therapeutics, Inc, together with its subsidiaries, operates as a biotechnology company in the United States. It develops and markets products based on its AC5 self-assembling technology platform to stop bleeding and control leaking, as well as manages wounds during surgery, trauma, and interventional care or from disease.
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