VBI Vaccines, Inc. – (VBIV) Shares Up 6.8%
VBI Vaccines, Inc. – (NASDAQ:VBIV) shares shot up 6.8% on Wednesday . The company traded as high as $3.90 and last traded at $3.90, with a volume of 68,330 shares. The stock had previously closed at $3.65.
Separately, Ladenburg Thalmann began coverage on VBI Vaccines, Inc. – in a research note on Tuesday, July 26th. They set a “buy” rating on the stock.
The firm has a 50-day moving average price of $3.74 and a 200 day moving average price of $3.87. The firm’s market cap is $140.92 million.
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Several large investors have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP acquired a new stake in VBI Vaccines, Inc. – during the first quarter valued at about $2,338,000. Vanguard Group Inc. raised its position in VBI Vaccines, Inc. – by 2,094.1% in the second quarter. Vanguard Group Inc. now owns 358,275 shares of the biopharmaceutical company’s stock worth $1,415,000 after buying an additional 341,946 shares in the last quarter. Finally, BlackRock Fund Advisors raised its position in VBI Vaccines, Inc. – by 1,701.6% in the second quarter. BlackRock Fund Advisors now owns 44,789 shares of the biopharmaceutical company’s stock worth $177,000 after buying an additional 42,303 shares in the last quarter.
About VBI Vaccines, Inc. –
VBI Vaccines Inc, formerly SciVac Therapeutics Inc, is a biotechnology company. The Company is engaged in developing various technologies that focus on vaccine protection. It has developed an enveloped virus like particle (eVLP) vaccine platform that allows for the design of enveloped VLP vaccines. It is involved in various projects related to human cytomegalovirus (CMV) and other antigens.
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