Tiziana Life Sciences Ltd (NASDAQ:TLSA - Get Free Report) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 808,600 shares, a growth of 42.5% from the February 28th total of 567,600 shares. Based on an average daily volume of 979,300 shares, the short-interest ratio is currently 0.8 days. Approximately 1.1% of the shares of the stock are short sold.
Institutional Investors Weigh In On Tiziana Life Sciences
A number of institutional investors and hedge funds have recently made changes to their positions in TLSA. Bison Wealth LLC acquired a new position in shares of Tiziana Life Sciences during the 4th quarter worth about $30,000. Zhang Financial LLC grew its holdings in shares of Tiziana Life Sciences by 34.3% during the fourth quarter. Zhang Financial LLC now owns 93,187 shares of the company's stock worth $65,000 after buying an additional 23,800 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Tiziana Life Sciences by 12.4% in the fourth quarter. Geode Capital Management LLC now owns 245,722 shares of the company's stock valued at $171,000 after purchasing an additional 27,041 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Tiziana Life Sciences during the 3rd quarter worth about $864,000.
Tiziana Life Sciences Stock Performance
TLSA stock traded down $0.07 during trading on Thursday, hitting $1.04. The company had a trading volume of 228,572 shares, compared to its average volume of 452,376. The firm has a 50-day moving average price of $1.04 and a 200-day moving average price of $0.95. Tiziana Life Sciences has a 12 month low of $0.41 and a 12 month high of $1.91.
About Tiziana Life Sciences
(
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Tiziana Life Sciences Ltd, a biotechnology company, focuses on the discovery and development of molecules to treat human diseases in oncology and immunology. The company's lead product candidate in immunology is Foralumab (TZLS-401), a human anti-CD3 monoclonal antibody (mAb) for the treatment of Crohn's, graft versus host, ulcerative colitis, multiple sclerosis, type-1 diabetes, inflammatory bowel, psoriasis, and rheumatoid arthritis diseases.
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