PharmaTher Holdings Ltd. (OTCMKTS:PHRRF – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 9,702 shares, an increase of 68.1% from the September 30th total of 5,771 shares. Based on an average daily volume of 128,315 shares, the days-to-cover ratio is presently 0.1 days.
PharmaTher Stock Performance
Shares of PharmaTher stock opened at $0.04 on Monday. The company has a fifty day simple moving average of $0.04 and a 200-day simple moving average of $0.05. PharmaTher has a 12-month low of $0.03 and a 12-month high of $0.12.
About PharmaTher
PharmaTher Inc is a specialty pharmaceutical company focused on the development and commercialization of repurposed and reformulated medicines for neurological and psychiatric conditions. The company’s strategy centers on advancing existing drug compounds through new formulations, delivery methods, or therapeutic applications.
PharmaTher has historically focused on ketamine-based treatments, including programs intended to address conditions such as depression and other mental-health disorders.
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