sed By 163.41% Their Shorts
by Blanche Silva — May 11, 2016
The stock of PHARMING GROUP NV LEID (OTCMKTS:PHGUF) registered an increase of 163.41% in short interest. PHGUF’s total short interest was 32,400 shares in May as published by FINRA. Its up 163.41% from 12,300 shares, reported previously. With 1,400 shares average volume, it will take short sellers 23 days to cover their PHGUF’s short positions. The stock closed at $0.247 during the last session. It is down 6.00% since April 12, 2016 and is uptrending. It has outperformed by 1.10% the S&P500.
Pharming Group NV is a Netherlands biotechnology company. The company has a market cap of $100.70 million. The Firm operates through two business divisions, including Recombinant proteins, and DNage. It currently has negative earnings. Pharming focuses on the development, production and commercialization of human therapeutic proteins to be used as innovative therapies.
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