Yield10 Bioscience, Inc. (NASDAQ:YTEN) Sees Large Decline in Short Interest

Yield10 Bioscience, Inc. (NASDAQ:YTEN) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 218,300 shares, a decline of 76.8% from the March 31st total of 940,900 shares. Based on an average daily trading volume, of 4,900,000 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Lake Street Capital lowered Yield10 Bioscience from a “buy” rating to a “hold” rating in a report on Thursday, February 8th.

Yield10 Bioscience Stock Down 7.2 %

YTEN stock opened at $0.22 on Friday. Yield10 Bioscience has a twelve month low of $0.18 and a twelve month high of $3.29. The firm has a market capitalization of $3.42 million, a PE ratio of -0.11 and a beta of 1.58. The stock has a 50-day simple moving average of $0.29 and a two-hundred day simple moving average of $0.27.

Yield10 Bioscience (NASDAQ:YTEN) last issued its quarterly earnings data on Monday, April 1st. The specialty chemicals company reported ($0.27) EPS for the quarter.

About Yield10 Bioscience

Yield10 Bioscience, Inc operates as agricultural bioscience company in the United States. The company primarily focus on production of low carbon products through processing Camelina seeds. Its products include Camelina oil for low carbon biofuel feedstock; Omega-3 oils for nutrition; and PHA bioplastics for biodegradable zero waste packaging solutions.