Will Biohitech Global Inc (NASDAQ:BHTG) Run Out of Steam Soon? Short Interest Is Down

BioHiTech Global, Inc. (NASDAQ:BHTG) Logo

The stock of Biohitech Global Inc (NASDAQ:BHTG) registered a decrease of 8.81% in short interest. BHTG’s total short interest was 17,600 shares in March as published by FINRA. Its down 8.81% from 19,300 shares, reported previously. With 6,400 shares average volume, it will take short sellers 3 days to cover their BHTG’s short positions. The short interest to Biohitech Global Inc’s float is 0.27%.

The stock decreased 0.35% or $0.01 during the last trading session, reaching $2.85. About 2,684 shares traded. BioHiTech Global, Inc. (NASDAQ:BHTG) has declined 42.70% since March 14, 2018 and is downtrending. It has underperformed by 47.07% the S&P500.

BioHiTech Global, Inc., through its subsidiaries, provides technological, biological, and mechanical engineering solutions for the control, reduction, and/or reuse of organic waste in the United States and internationally. The company has market cap of $42.19 million. The firm offers Eco-Safe Digester, a data-driven, network mechanical/biological technology, which transforms food waste into nutrient-neutral water that could be disposed of through conventional sanitary sewer systems. It currently has negative earnings. The Company’s Eco-Safe Digester digests approximately 3,500 pounds of food waste every day, including vegetables, fruits, meat, fish, poultry, grains, coffee grinds, egg shells, and dairy products.

More notable recent BioHiTech Global, Inc. (NASDAQ:BHTG) news were published by: Benzinga.com which released: “71 Biggest Movers From Yesterday – Benzinga” on March 06, 2019, also Pehub.com with their article: “Gold Medal to buy Apple Valley Waste – PE Hub” published on December 03, 2018, Prnewswire.com published: “BioHiTech Global Helps to Eliminate Food Waste for Major Healthcare Facilities Operator in the New York Metropolitan Area – PRNewswire” on February 28, 2019. More interesting news about BioHiTech Global, Inc. (NASDAQ:BHTG) were released by: Prnewswire.com and their article: “University of Delaware Completes Life Cycle Assessment of BioHiTech Digesters for Food Waste Management – PR Newswire” published on October 02, 2018 as well as Prnewswire.com‘s news article titled: “BioHiTech Global in Letter of Intent to Increase Its Stake in the Nation’s First HEBioT Resource Recovery Facility – PR Newswire” with publication date: August 16, 2018.

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