Short Interest in Repros Therapeutics Inc (RPRX) Declines By 34.8%

Repros Therapeutics Inc (NASDAQ:RPRX) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 852,002 shares, a decrease of 34.8% from the January 12th total of 1,307,720 shares. Based on an average trading volume of 393,922 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.2% of the shares of the company are sold short.

Shares of Repros Therapeutics (NASDAQ:RPRX) opened at $0.67 on Monday. Repros Therapeutics has a 12-month low of $0.26 and a 12-month high of $1.33. The firm has a market capitalization of $26.50, a P/E ratio of -1.34 and a beta of 0.45.

Repros Therapeutics (NASDAQ:RPRX) last posted its quarterly earnings data on Monday, November 13th. The biotechnology company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.28) by $0.24. Repros Therapeutics had a negative return on equity of 894.22% and a negative net margin of 4,242.73%. The company had revenue of $0.30 million during the quarter.

A hedge fund recently bought a new stake in Repros Therapeutics stock. Kassirer Asset Management Corp bought a new stake in Repros Therapeutics Inc (NASDAQ:RPRX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 659,230 shares of the biotechnology company’s stock, valued at approximately $435,000. Kassirer Asset Management Corp owned approximately 1.67% of Repros Therapeutics at the end of the most recent quarter. Institutional investors and hedge funds own 13.58% of the company’s stock.

Separately, S&P Equity Research reduced their price objective on Repros Therapeutics from $0.49 to $0.39 in a research report on Monday, November 20th.

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About Repros Therapeutics

Repros Therapeutics, Inc is a biopharmaceutical company focused on the development of new drugs to treat hormonal and reproductive system disorders. The Company’s product candidates include enclomiphene, which is a single isomer of clomiphene citrate, an orally active small molecule compound, and Proellex, which is an orally administered selective blocker of the progesterone receptor in women, for the treatment of uterine fibroids and endometriosis.

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