Ampliphi Biosciences Corp (NYSEAMERICAN:APHB) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 1,115,468 shares, a drop of 14.8% from the October 31st total of 1,308,517 shares. Based on an average daily volume of 247,174 shares, the short-interest ratio is presently 4.5 days. Currently, 13.0% of the shares of the company are sold short.
Separately, HC Wainwright set a $5.00 target price on shares of Ampliphi Biosciences and gave the stock a “buy” rating in a report on Wednesday, November 15th.
Ampliphi Biosciences (NYSEAMERICAN:APHB) traded down $0.04 on Wednesday, reaching $1.02. 119,965 shares of the company were exchanged, compared to its average volume of 470,287. Ampliphi Biosciences has a 52-week low of $0.67 and a 52-week high of $6.80.
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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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