Ampliphi Biosciences Corp (NYSEAMERICAN:APHB) saw a large decrease in short interest in the month of December. As of December 29th, there was short interest totalling 851,483 shares, a decrease of 4.5% from the December 15th total of 891,694 shares. Currently, 9.1% of the company’s shares are sold short. Based on an average daily volume of 104,314 shares, the days-to-cover ratio is presently 8.2 days.
Shares of Ampliphi Biosciences (APHB) opened at $1.12 on Thursday. The company has a market capitalization of $13.01, a price-to-earnings ratio of -0.11 and a beta of 2.93. Ampliphi Biosciences has a twelve month low of $0.67 and a twelve month high of $6.80.
Separately, HC Wainwright set a $5.00 price target on Ampliphi Biosciences and gave the stock a “buy” rating in a research note on Wednesday, November 15th.
About Ampliphi Biosciences
AmpliPhi Biosciences Corporation is a biotechnology company. The Company is focused on the discovery, development and commercialization of phage therapeutics. The Company is engaged in identifying, characterizing and developing naturally occurring bacteriophages with its collaboration partners in bacteriophage biology, synthetic biology and manufacturing, to develop second-generation bacteriophage products.
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