Oculis Holding AG (NASDAQ:OCSAW – Get Free Report) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 6,313 shares, a drop of 46.2% from the August 15th total of 11,736 shares. Based on an average trading volume of 2,072 shares, the short-interest ratio is presently 3.0 days.
Oculis Trading Down 21.4%
Shares of OCSAW traded down $0.82 during midday trading on Tuesday, reaching $3.01. 401 shares of the company were exchanged, compared to its average volume of 5,421. Oculis has a 1-year low of $3.01 and a 1-year high of $22.64. The stock has a 50-day moving average price of $4.57 and a 200-day moving average price of $10.17.
About Oculis
Oculis SA is a clinical?stage biopharmaceutical company focused on developing disease?modifying therapies for serious eye diseases. Utilizing its proprietary ocular formulation technologies, the company is advancing a pipeline of small?molecule product candidates designed for topical or injectable delivery. Lead programs include OCS-01, a topical eye drop candidate for diabetic macular edema, and OCS-02, targeting diabetic retinopathy. Oculis also has OCS-05 in development for optic neuropathies and other retinal disorders, reflecting its commitment to addressing a broad spectrum of unmet needs in ophthalmology.
Founded in 2016 and headquartered in Geneva, Switzerland, Oculis operates research and development facilities in Europe and the United States.
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