Matinas BioPharma Holdings Inc (NYSE:MTNB) saw a significant decrease in short interest in the month of October. As of October 13th, there was short interest totalling 2,032,088 shares, a decrease of 6.9% from the September 29th total of 2,182,518 shares. Currently, 2.8% of the shares of the company are short sold. Based on an average trading volume of 161,154 shares, the days-to-cover ratio is currently 12.6 days.

Matinas BioPharma Holdings (NYSE MTNB) opened at 1.14 on Wednesday. The firm has a 50-day moving average price of $1.29 and a 200-day moving average price of $1.89. The company’s market cap is $104.85 million. Matinas BioPharma Holdings has a 12-month low of $1.01 and a 12-month high of $3.99.

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About Matinas BioPharma Holdings

Matinas BioPharma Holdings, Inc is a clinical-stage biopharmaceutical company. The Company is engaged in identifying and developing therapeutics for the treatment of serious and life-threatening infections. It is engaged in developing a pipeline of product and development candidates, with an initial focus on serious fungal and bacterial infections.

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