Harvard Bioscience June 15th Short Interest Update

Harvard Bioscience (NASDAQ:HBIO) stated loss of 49,941 shares or 3.4% in the short interest. The short interest registered from 1,453,296 on May 31,2016 to 1,403,355 on June 15,2016. In terms of floated shares, the shorted positions stood at 4.4%. The stock has been averaging 113,349 shares daily in trading and would need 12 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Harvard Bioscience (NASDAQ:HBIO): The stock opened at $3.30 on Friday but the bulls could not build on the opening and the stock topped out at $3.41 for the day. The stock traded down to $3.04 during the day, due to lack of any buying support eventually closed down at $3.19 with a loss of -8.07% for the day. The stock had closed at $3.47 on the previous day. The total traded volume was 2,589,704 shares.

The company shares have dropped -43.64% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $5.96 and the one year low was seen on Feb 24, 2016. The 50-Day Moving Average price is $3.36 and the 200 Day Moving Average price is recorded at $3.07.

Harvard Bioscience (NASDAQ:HBIO) has tumbled 6.18% during the past week and has dropped 9.89% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.62%. Harvard Bioscience (NASDAQ:HBIO) has underperformed the index by 7.16% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Harvard Bioscience, Inc. is a developer, manufacturer and marketer of a range of specialized products, apparatus and scientific instruments. The Companys products are used to advance life science research at pharmaceutical and biotechnology companies, universities and government laboratories across the world. The Companys core product range is organized into five product families: Fluidics, Lab Equipment and Supplies, Molecular Analysis, Cell Physiology and Animal Physiology. Its products include instruments, consumables, and systems that are made up of several individual products. The Companys brands include Harvard Apparatus, KD Scientific, Denville Scientific, AHN, Hoefer, Biochrom, BTX, Warner Instruments, MCS, HEKA, Hugo Sachs Elektronik, Panlab, Coulbourn Instruments, TBSI and CMA Microdialysis. The Company has sales and manufacturing operations in the United States, the United Kingdom, Germany, Sweden, Spain, France, Canada and China.

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