Short Interest in bioAffinity Technologies, Inc. (NASDAQ:BIAFW) Grows By ∞
by Michael Walen · The Markets DailybioAffinity Technologies, Inc. (NASDAQ:BIAFW – Get Free Report) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,273 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 488 shares, the days-to-cover ratio is currently 2.6 days.
bioAffinity Technologies Stock Performance
NASDAQ:BIAFW traded down $0.01 during mid-day trading on Tuesday, reaching $0.13. The stock had a trading volume of 6,008 shares, compared to its average volume of 2,457. The firm has a 50 day moving average price of $0.21 and a two-hundred day moving average price of $0.28. bioAffinity Technologies has a one year low of $0.05 and a one year high of $0.81.
About bioAffinity Technologies
bioAffinity Technologies, Inc is a clinical-stage medical device company developing an extracorporeal immunoadsorption platform intended to treat Gram-negative sepsis and other severe inflammatory conditions. The company’s technology employs specialized sorbent cartridges designed to selectively bind and remove circulating endotoxins and inflammatory mediators from the bloodstream, with the goal of supporting critical care interventions and improving patient outcomes.
In preclinical studies, bioAffinity’s hemoperfusion devices have demonstrated the ability to capture lipopolysaccharides released by Gram-negative bacteria, leading to reductions in pro-inflammatory cytokines and enhanced survival rates in animal models.