Short Interest in Basilea Pharmaceutica AG (OTCMKTS:BPMUF) Expands By 1,702.0%

Basilea Pharmaceutica AG (OTCMKTS:BPMUFGet Free Report) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 4,577 shares, an increase of 1,702.0% from the April 15th total of 254 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 3 shares, the days-to-cover ratio is presently 1,525.7 days.

Basilea Pharmaceutica Stock Performance

OTCMKTS BPMUF remained flat at $69.00 during trading on Monday. The business has a fifty day simple moving average of $70.39 and a 200-day simple moving average of $66.95. The company has a debt-to-equity ratio of 0.59, a current ratio of 5.11 and a quick ratio of 4.68. Basilea Pharmaceutica has a 52-week low of $57.70 and a 52-week high of $74.00.

About Basilea Pharmaceutica

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Basilea Pharmaceutica AG is a Swiss biopharmaceutical company headquartered in Basel, specializing in the development and commercialization of innovative treatments for hospital?treated diseases. The company’s research is focused primarily on anti?infectives and oncology, with a portfolio that spans both marketed products and early? to late?stage pipeline candidates. Basilea leverages medicinal chemistry expertise to address critical medical needs in fungal infections, bacterial infections and cancer.

Among its lead products is isavuconazole, a broad?spectrum antifungal agent marketed under the trade name Cresemba.

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