Short Interest in Ampio Pharmaceuticals, Inc. (AMPE) Expands By 19.0%
Ampio Pharmaceuticals, Inc. (NYSE:AMPE) was the target of a significant increase in short interest in 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. Approximately 7.4% of the company’s shares are sold short. Based on an average trading volume of 1,355,536 shares, the short-interest ratio is presently 3.7 days.
Shares of Ampio Pharmaceuticals (NYSE AMPE) opened at $1.24 on Tuesday. Ampio Pharmaceuticals has a fifty-two week low of $0.38 and a fifty-two week high of $1.34.
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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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