Know Labs, Inc. (NYSEAMERICAN:KNW) Sees Large Growth in Short Interest

Know Labs, Inc. (NYSEAMERICAN:KNW) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 898,500 shares, a growth of 20.9% from the December 15th total of 743,200 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 1,600,000 shares, the short-interest ratio is presently 0.6 days.

Know Labs Stock Up 7.5 %

KNW stock traded up $0.01 during mid-day trading on Friday, hitting $0.15. The stock had a trading volume of 5,111,124 shares, compared to its average volume of 5,832,379. The firm has a market cap of $16.45 million, a P/E ratio of -0.74 and a beta of 1.54. Know Labs has a 52 week low of $0.13 and a 52 week high of $0.92.

Institutional Investors Weigh In On Know Labs

A hedge fund recently raised its stake in Know Labs stock. PFG Investments LLC boosted its position in Know Labs, Inc. (NYSEAMERICAN:KNW) by 886.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 976,838 shares of the company’s stock after purchasing an additional 877,838 shares during the period. PFG Investments LLC owned 0.98% of Know Labs worth $280,000 at the end of the most recent quarter. Institutional investors own 23.96% of the company’s stock.

Know Labs Company Profile

Know Labs, Inc, together with its subsidiaries, focuses on the development and commercialization of proprietary sensor technology by radio and microwave spectroscopy in the United States. The company's proprietary platform technologies include ChromaID and Bio-RFID technologies that utilizes electromagnetic energy to detect, record, identify, and measure the signature of said materials or analytes.