Short Interest in Ampio Pharmaceuticals Inc (AMPE) Expands By 19.0%
Ampio Pharmaceuticals Inc (NYSEAMERICAN:AMPE) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 5,074,976 shares, an increase of 19.0% from the October 13th total of 4,264,623 shares. Currently, 7.4% of the shares of the stock are sold short. Based on an average daily volume of 1,355,536 shares, the short-interest ratio is presently 3.7 days.
Separately, ValuEngine upgraded Ampio Pharmaceuticals from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 11th.
Ampio Pharmaceuticals (AMPE) traded up $0.01 during midday trading on Monday, reaching $1.16. The company had a trading volume of 288,000 shares, compared to its average volume of 443,702. Ampio Pharmaceuticals has a 1-year low of $0.38 and a 1-year high of $1.34.
Ampio Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused primarily on the development of therapies to treat prevalent inflammatory conditions for which there are limited treatment options. The Company’s two lead product candidates in development are Ampion for osteoarthritis of the knee and Optina for diabetic macular edema.
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