XOMA Co. (NASDAQ:XOMAP) Sees Significant Drop in Short Interest

XOMA Co. (NASDAQ:XOMAPGet Free Report) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 84 shares, a drop of 72.7% from the May 14th total of 308 shares. Based on an average daily volume of 1,762 shares, the days-to-cover ratio is currently 0.0 days.

XOMA Price Performance

Shares of NASDAQ XOMAP opened at $25.42 on Thursday. The business has a fifty day simple moving average of $25.79 and a 200-day simple moving average of $26.12. XOMA has a 12 month low of $25.14 and a 12 month high of $30.00.

About XOMA

(Get Free Report)

XOMA Corporation (NASDAQ: XOMAP) is a clinical-stage biopharmaceutical company focused on the discovery and development of therapeutic antibodies for autoimmune and inflammatory diseases. The company leverages proprietary antibody-generation technologies—including ribosome display and phage display—to identify and optimize human monoclonal antibodies with high specificity and favorable pharmacological profiles.

Its lead clinical program is an interleukin-1 beta modulator being evaluated in patients with rare and severe inflammatory conditions.

Further Reading

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