Short Interest in Ampio Pharmaceuticals Inc (AMPE) Increases By 9.6%
Ampio Pharmaceuticals Inc (NYSEAMERICAN:AMPE) was the target of a large increase in short interest in the month of December. As of December 29th, there was short interest totalling 9,749,519 shares, an increase of 9.6% from the December 15th total of 8,894,839 shares. Currently, 14.2% of the shares of the company are sold short. Based on an average trading volume of 2,362,490 shares, the short-interest ratio is presently 4.1 days.
Ampio Pharmaceuticals (NYSEAMERICAN AMPE) traded down $0.03 during trading on Wednesday, hitting $2.94. 1,007,600 shares of the stock were exchanged, compared to its average volume of 3,279,283. Ampio Pharmaceuticals has a fifty-two week low of $0.38 and a fifty-two week high of $4.95. The stock has a market capitalization of $190.19, a price-to-earnings ratio of -14.70 and a beta of 0.51.
Separately, ValuEngine raised shares of Ampio Pharmaceuticals from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 11th.
Ampio Pharmaceuticals Company Profile
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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