BIONIK LABORATORIES CORPORATION (OTCMKTS:BNKL) Sellers Covered 91.67% of Their Shorts

January 13, 2018 - By Winifred Garcia

The stock of BIONIK LABORATORIES CORPORATION (OTCMKTS:BNKL) registered a decrease of 91.67% in short interest. BNKL’s total short interest was 200 shares in January as published by FINRA. Its down 91.67% from 2,400 shares, reported previously.

The stock increased 5.88% or $0.01 during the last trading session, reaching $0.18. About 11,750 shares traded. Bionik Laboratories Corp. (OTCMKTS:BNKL) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Bionik Laboratories Corp., a robotics company, focuses on providing rehabilitation and mobility solutions to individuals with neurological and mobility challenges from hospital to home. The company has market cap of $18.68 million. The firm specializes in designing, developing, and commercializing physical rehabilitation technologies, prosthetics, and assisted robotic products. It currently has negative earnings. It offers InMotion Systems, which include the InMotion ARM that allows clinicians to deliver sensor motor therapy to the shoulder and elbow to develop new neural pathways; InMotion ARM/HAND, an add-on module to be used with the InMotion ARM; and InMotion WRIST, a medical device that enables clinicians to deliver optimum intensive sensor motor wrist and forearm therapy to patients with neurological conditions.

More notable recent Bionik Laboratories Corp. (OTCMKTS:BNKL) news were published by: Prnewswire.com which released: “Bionik Laboratories Corp. Issues Letter to Shareholders” on August 22, 2017, also Prnewswire.com with their article: “Bionik Laboratories and Wistron Corporation Partner to Develop Exoskeleton …” published on June 26, 2017, Prnewswire.com published: “Bionik Laboratories Reports Fiscal Year Ended 2017 Financial Results” on June 30, 2017. More interesting news about Bionik Laboratories Corp. (OTCMKTS:BNKL) were released by: Prnewswire.com and their article: “Bionik Laboratories Corp. Completes Integration of Amazon Echo into its ARKE …” published on August 08, 2017 as well as Globenewswire.com‘s news article titled: “Bionik Laboratories Announces Option to License Robotics Technology from the …” with publication date: March 30, 2017.

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