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Short Interest in Basilea Pharmaceutica AG (OTCMKTS:BPMUF) Declines By 11.0%

Basilea Pharmaceutica logo with Medical background

Basilea Pharmaceutica AG (OTCMKTS:BPMUF - Get Free Report) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 25,000 shares, a drop of 11.0% from the November 30th total of 28,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright raised Basilea Pharmaceutica to a "strong-buy" rating in a research report on Monday, September 23rd.

Read Our Latest Report on BPMUF

Basilea Pharmaceutica Price Performance

Shares of Basilea Pharmaceutica stock remained flat at $52.83 during trading hours on Monday. Basilea Pharmaceutica has a 1 year low of $38.60 and a 1 year high of $52.83. The business's 50-day moving average is $52.83 and its two-hundred day moving average is $50.70.

About Basilea Pharmaceutica

(Get Free Report)

Basilea Pharmaceutica AG, a commercial-stage biopharmaceutical company, focuses on the development of products that address the medical needs in the therapeutic areas of oncology and anti-infectives. The company offers Cresemba, an intravenous and antifungal drug for the treatment of invasive aspergillosis and mucormycosis in the United States, and the European Union.

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