Short Interest in Ion Beam Applications SA (OTCMKTS:IOBCF) Rises By 9.0%

Ion Beam Applications SA (OTCMKTS:IOBCF) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 10,900 shares, an increase of 9.0% from the October 15th total of 10,000 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is currently 4.2 days.

Ion Beam Applications Stock Performance

Shares of OTCMKTS IOBCF opened at $13.80 on Tuesday. Ion Beam Applications has a 52-week low of $10.35 and a 52-week high of $15.75. The company’s 50-day simple moving average is $14.33 and its 200-day simple moving average is $14.15.

About Ion Beam Applications

Ion Beam Applications SA develops, manufactures, and supports medical devices and software solutions for cancer treatments in Belgium, the United States, and internationally. The company operates through Proton Therapy and Other Accelerators, and Dosimetry segments. The Proton Therapy and Other Accelerators segment develops, fabricates, and services medical and industrial particle accelerators, and proton therapy systems.