Cleveland BioLabs, Inc. (NASDAQ:CBLI) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 500,700 shares, a decrease of 30.7% from the April 28th total of 722,106 shares. Approximately 13.5% of the shares of the stock are short sold. Based on an average trading volume of 256,101 shares, the days-to-cover ratio is presently 2.0 days.

Shares of Cleveland BioLabs (NASDAQ:CBLI) opened at 3.72 on Monday. Cleveland BioLabs has a one year low of $1.22 and a one year high of $5.55. The company’s market cap is $41.96 million. The stock’s 50 day moving average price is $3.31 and its 200 day moving average price is $2.06.

Cleveland BioLabs (NASDAQ:CBLI) last announced its quarterly earnings data on Monday, May 15th. The biotechnology company reported ($0.15) earnings per share for the quarter. The company had revenue of $0.58 million during the quarter. Cleveland BioLabs had a negative net margin of 75.04% and a negative return on equity of 21.29%. Equities analysts predict that Cleveland BioLabs will post ($0.16) earnings per share for the current fiscal year.

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Cleveland BioLabs Company Profile

Cleveland BioLabs, Inc (CBLI) is a biopharmaceutical company. The Company is engaged in developing approaches to activate the immune system and address serious medical needs. Its platform of Toll-like immune receptor activators has applications in mitigation of radiation injury and immuno-oncology. Its advanced product candidate is Entolimod, an immuno-stimulatory agent, which it is developing as a radiation countermeasure and an immunotherapy for oncology and other indications.

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