Biopharmx Corp (NYSE:BPMX) was the recipient of a significant decline in short interest in August. As of August 15th, there was short interest totalling 4,435,059 shares, a decline of 7.4% from the July 31st total of 4,790,336 shares. Approximately 7.7% of the company’s shares are sold short. Based on an average daily trading volume, of 830,191 shares, the short-interest ratio is presently 5.3 days.

Separately, ValuEngine raised shares of Biopharmx Corp from a “strong sell” rating to a “sell” rating in a research report on Wednesday, May 24th.

Biopharmx Corp (NYSE BPMX) opened at 0.2875 on Friday. Biopharmx Corp has a 12 month low of $0.19 and a 12 month high of $0.90. The firm’s 50-day moving average is $0.36 and its 200-day moving average is $0.49. The firm’s market capitalization is $21.31 million.

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About Biopharmx Corp

BioPharmX Corporation is a specialty pharmaceutical company. The Company is focused on utilizing its drug delivery technologies to develop and commercialize prescription and over-the-counter (OTC) products that address markets in women’s health and dermatology. Its portfolio of product candidates includes two clinical stage product candidates: BPX01, which is a topical antibiotic for the treatment of acne based on a formulation of minocycline, and BPX03, which is a molecular iodine (I2) tablet for the treatment of benign breast pain associated with fibrocystic breast condition (FBC) and cyclic mastalgia.

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