Short Interest in Awakn Life Sciences Corp. (OTCMKTS:AWKNF) Drops By 19.8%

Awakn Life Sciences Corp. (OTCMKTS:AWKNFGet Rating) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 9,700 shares, a decline of 19.8% from the August 15th total of 12,100 shares. Based on an average trading volume of 20,500 shares, the days-to-cover ratio is presently 0.5 days.

Awakn Life Sciences Stock Up 9.2 %

Shares of OTCMKTS AWKNF opened at $0.42 on Monday. The business has a fifty day simple moving average of $0.51 and a two-hundred day simple moving average of $0.82. Awakn Life Sciences has a twelve month low of $0.35 and a twelve month high of $2.71.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus dropped their price objective on Awakn Life Sciences from C$8.00 to C$1.75 in a report on Wednesday, August 24th.

About Awakn Life Sciences

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Awakn Life Sciences Corp., a biotechnology company, engages in the researching, developing, operations, and delivering of psychedelic therapeutics to treat addiction and other mental health conditions in the United Kingdom and Europe. The company is headquartered in Toronto, Canada.

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