BIOELECTRONICS CORPORATION (OTCMKTS:BIEL) Sellers Increased By 3788.54% Their Shorts

The stock of BIOELECTRONICS CORPORATION (OTCMKTS:BIEL) registered an increase of 3788.54% in short interest. BIEL’s total short interest was 1.12M shares in March as published by FINRA. Its up 3788.54% from 28,800 shares, reported previously. The stock is up 14.29% or $0.0001 after the news, hitting $0.0008 per share. About 5.15M shares traded hands. Bioelectronics Corp (OTCMKTS:BIEL) has declined 12.50% since August 11, 2015 and is downtrending. It has underperformed by 6.84% the S&P500.

BioElectronics Corporation is a development-stage company. The company has a market cap of $6.49 million. The Firm is the developer, marketer and maker of patented, drug free, topical pain medical devices. It currently has negative earnings. The devices use proven therapies of heat and electric restoration of the body’s injured cells.

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