Biopharmx Corp (NYSEAMERICAN:BPMX) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,768,921 shares, an increase of 12.9% from the December 14th total of 1,567,215 shares. Based on an average daily volume of 3,808,899 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.0% of the shares of the company are short sold.
In related news, Director Stephen Morlock sold 1,125,027 shares of the business’s stock in a transaction on Monday, October 22nd. The stock was sold at an average price of $0.18, for a total transaction of $202,504.86. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of NYSEAMERICAN BPMX opened at $0.12 on Friday. Biopharmx has a twelve month low of $0.05 and a twelve month high of $0.38.
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BioPharmX Corporation, a specialty pharmaceutical company, develops and commercializes novel prescription and over-the-counter (OTC) products that address dermatology and women's health markets. The company offers VI2OLET, an OTC molecular iodine dietary supplement that addresses cyclic breast discomfort, as well as alleviates the symptoms of fibrocystic breast condition (FBC).
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