American Bio Medica Co. (OTCMKTS:ABMC) Short Interest Down 99.0% in May

American Bio Medica Co. (OTCMKTS:ABMC – Get Rating) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 100 shares, a decline of 99.0% from the April 30th total of 10,300 shares. Based on an average daily trading volume, of 23,200 shares, the days-to-cover ratio is currently 0.0 days.

American Bio Medica Stock Performance

Shares of OTCMKTS ABMC opened at $0.01 on Friday. American Bio Medica has a twelve month low of $0.01 and a twelve month high of $0.03. The stock has a 50 day moving average of $0.01 and a two-hundred day moving average of $0.01.

About American Bio Medica

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American Bio Medica Corp. is a biotechnology company, which engages in the manufacture and sale of immunoassay tests, primarily for the immediate detection of certain drugs in urine and oral fluids. The firm’s products include Rapid Drug Screen, Rapid ONE, RDS InCup, Rapid TOX, Rapid TOX Cup II, and OralStat.