Ampliphi Biosciences Corp (NYSEAMERICAN:APHB) saw a large decline in short interest in the month of December. As of December 29th, there was short interest totalling 851,483 shares, a decline of 4.5% from the December 15th total of 891,694 shares. Approximately 9.1% of the shares of the company are sold short. Based on an average daily volume of 104,314 shares, the short-interest ratio is currently 8.2 days.
Separately, HC Wainwright set a $5.00 target price on Ampliphi Biosciences and gave the stock a “buy” rating in a research report on Monday, October 2nd.
Shares of Ampliphi Biosciences (NYSEAMERICAN APHB) opened at $1.12 on Thursday. The company has a market capitalization of $13.01, a P/E ratio of -0.11 and a beta of 2.93. Ampliphi Biosciences has a 52 week low of $0.67 and a 52 week high of $6.80.
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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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