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Ipsen S.A. (OTCMKTS:IPSEY) Sees Significant Drop in Short Interest

Ipsen logo with Medical background
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Ipsen S.A. (OTCMKTS:IPSEY - Get Free Report) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 80.0% from the February 13th total of 500 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 0.1 days.

Ipsen Stock Up 0.9 %

Shares of OTCMKTS:IPSEY traded up $0.26 during midday trading on Friday, hitting $29.79. The company had a trading volume of 452 shares, compared to its average volume of 733. Ipsen has a 12 month low of $27.11 and a 12 month high of $34.06. The firm has a fifty day simple moving average of $30.27 and a 200 day simple moving average of $29.95.

About Ipsen

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Ipsen SA operates as a biopharmaceutical company worldwide. The company provides drugs in the areas of oncology, neuroscience, and rare diseases. Its product pipeline comprises Cabometyx + Atezolizumab, which is in phase III clinical trial for the treatment of second line metastatic castration-resistant prostate cancer; lenalidomide and rituximab, and Taverik, which is in phase III for the treatment of second line follicular lymphoma; Bylvay, which is in phase III for the treatment of biliary atresia; Dysport, which is in phase III clinical trial for the treatment of chronic and episodic migraine; Fidrisertib, which is in phase II clinical trial for the treatment of fibrodysplasia ossificans progressiva; Elafibranor, which is in phase II for the treatment of primary sclerosing cholangitis, as well as IPN60250; IPN10200, which is in phase II for the treatment of longer-acting neurotoxin aesthetics and therapeutics; IPN60210, which is in phase I clinical trial for the treatment of relapsed/refractory multiple myeloma; and IPN60260 for the treatment of Viral cholestatic disease and is in phase I clinical trial.

Further Reading

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