Valion Bio, Inc. Common Stock (NASDAQ:VBIO) Stock Short Interest Rises 99.8%

Valion Bio, Inc. Common Stock (NASDAQ:VBIO) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 230,766 shares, an increase of 99.8% from the October 15th total of 115,490 shares. Approximately 26.2% of the shares of the company are sold short. Based on an average daily volume of 1,684,819 shares, the short-interest ratio is presently 0.1 days.

Valion Bio, Inc. Common Stock Stock Performance

Shares of NASDAQ:VBIO traded up $0.02 during midday trading on Friday, hitting $0.53. The stock had a trading volume of 100,191 shares, compared to its average volume of 1,015,439. The stock has a 50 day moving average price of $1.66 and a two-hundred day moving average price of $13.69. Valion Bio, Inc. Common Stock has a 1 year low of $0.47 and a 1 year high of $67.50. The company has a market capitalization of $471,077.00, a PE ratio of -0.00 and a beta of 1.91. The company has a current ratio of 1.11, a quick ratio of 0.86 and a debt-to-equity ratio of 1.74.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VBIO. Weiss Ratings reiterated a “sell (e+)” rating on shares of Valion Bio, Inc. Common Stock in a research note on Thursday, October 15th. Wall Street Zen cut Valion Bio, Inc. Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has an average rating of “Sell”.

About Valion Bio, Inc. Common Stock

Tivic Health Systems Inc. operates as a health tech company, focuses on developing and commercializing bioelectronic medicine. Its primary product is ClearUP, a bioelectronic medicine for the treatment of sinus and nasal inflammation. The company sells its products on direct-to-consumer channel through its own websites; and platforms, such as Amazon.com and Walmart.com, as well as to U.S. online retailers, such as BestBuy and FSAStore and through distributors. Tivic Health Systems, Inc. was incorporated in 2016 and is headquartered in Hayward, California.