Why SenesTech Shares Are Trading Higher Today

SenesTech SNES shares are trading higher after the company announced the New York State Department of Environmental Conservation has approved ContraPest for general use, removing the 'Restricted Use Pesticide' label.

"The removal of the RUP label in New York now allows us to significantly expand our efforts to introduce ContraPest in New York," said Joel Fruendt, SenesTech's CEO. 

SenesTech, Inc. develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats.

SENS Price Action: SenesTech has a 52-week high of $23 and a 52-week low of $1.592.

SenesTech shares were up 14.3% at $4.82 at time of publication, according to Benzinga Pro.