Viva Biotech Holdings (OTCMKTS:VBIZF) Short Interest Up 3,650.0% in May

Viva Biotech Holdings (OTCMKTS:VBIZFGet Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 75,000 shares, a growth of 3,650.0% from the April 30th total of 2,000 shares. Based on an average daily trading volume, of 909 shares, the days-to-cover ratio is currently 82.5 days.

Viva Biotech Price Performance

Shares of OTCMKTS VBIZF opened at $0.20 on Friday. The business’s 50 day moving average price is $0.30 and its two-hundred day moving average price is $0.29. Viva Biotech has a twelve month low of $0.20 and a twelve month high of $0.20.

Viva Biotech Company Profile

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Viva Biotech Ltd is a Shanghai-based contract research organization (CRO) providing integrated early-stage drug discovery services to the global pharmaceutical and biotechnology industries. The company’s offerings span target identification, fragment-based drug discovery, structure-based design, medicinal chemistry, high-throughput screening, in vitro ADME/Tox assays and antibody discovery. Viva Biotech leverages a proprietary fragment library and in-house structural biology capabilities to support hit identification and lead optimization across a broad range of therapeutic modalities.

With an emphasis on accelerating preclinical programs, the company combines X-ray crystallography, high-content cell-based assays and comprehensive pharmacokinetic profiling to help clients progress candidates from hit to lead.

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