Short Interest in Basilea Pharmaceutica AG (OTCMKTS:BPMUF) Rises By 256.4%

Basilea Pharmaceutica AG (OTCMKTS:BPMUFGet Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 139 shares, a growth of 256.4% from the August 15th total of 39 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 18 shares, the short-interest ratio is currently 7.7 days.

Basilea Pharmaceutica Stock Performance

Shares of OTCMKTS BPMUF opened at $77.40 on Friday. The company has a quick ratio of 4.68, a current ratio of 5.11 and a debt-to-equity ratio of 0.59. The company has a 50-day moving average of $67.65 and a 200 day moving average of $67.51. Basilea Pharmaceutica has a 12-month low of $59.29 and a 12-month high of $77.40.

About Basilea Pharmaceutica

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Basilea Pharmaceutica AG is a Swiss biopharmaceutical company headquartered in Basel, specializing in the development and commercialization of innovative treatments for hospital‐treated diseases. The company’s research is focused primarily on anti‐infectives and oncology, with a portfolio that spans both marketed products and early‐ to late‐stage pipeline candidates. Basilea leverages medicinal chemistry expertise to address critical medical needs in fungal infections, bacterial infections and cancer.

Among its lead products is isavuconazole, a broad‐spectrum antifungal agent marketed under the trade name Cresemba.

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