Scinai Immunotherapeutics Ltd. Sponsored ADR (NASDAQ:SCNI) Short Interest Update

Scinai Immunotherapeutics Ltd. Sponsored ADR (NASDAQ:SCNIGet Free Report) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 500 shares, an increase of 25.0% from the May 15th total of 400 shares. Based on an average daily volume of 342,700 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the stock are sold short.

Scinai Immunotherapeutics Stock Performance

SCNI stock opened at $2.27 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.32 and a quick ratio of 1.32. Scinai Immunotherapeutics has a 12 month low of $1.90 and a 12 month high of $8.92. The firm’s 50-day moving average is $2.53 and its 200 day moving average is $3.04. The company has a market capitalization of $2.27 million, a PE ratio of -0.24 and a beta of 2.10.

Scinai Immunotherapeutics (NASDAQ:SCNIGet Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported ($10.40) earnings per share (EPS) for the quarter. The business had revenue of $0.21 million for the quarter.

Scinai Immunotherapeutics Company Profile

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Scinai Immunotherapeutics Ltd., a development stage biopharmaceutical company, focuses on developing, manufacturing, and commercializing products for the prevention and treatment of infectious and autoimmune diseases in Israel. It has licensing and collaboration agreement with Max Planck Society and University Medical Center Göttingen for the development and commercialization of COVID-19 nanosized antibody (NanoAb); and development and commercialization of NanoAbs for various other disease indications.

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