Short Interest in HLS Therapeutics Inc. (OTCMKTS:HLTRF) Increases By 269.1%

HLS Therapeutics Inc. (OTCMKTS:HLTRFGet Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,646 shares, an increase of 269.1% from the July 30th total of 446 shares. Based on an average trading volume of 2,461 shares, the short-interest ratio is currently 0.7 days.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial upgraded HLS Therapeutics from an “outperform” rating to a “strong-buy” rating in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the company currently has an average rating of “Strong Buy”.

Check Out Our Latest Stock Report on HLS Therapeutics

HLS Therapeutics Price Performance

OTCMKTS HLTRF remained flat at $2.76 during trading on Friday. The company’s stock had a trading volume of 305 shares, compared to its average volume of 1,477. The business’s fifty day moving average is $2.96 and its 200 day moving average is $3.16. HLS Therapeutics has a 52 week low of $2.65 and a 52 week high of $4.02.

HLS Therapeutics Company Profile

(Get Free Report)

HLS Therapeutics is a specialty pharmaceutical company focused on the development, acquisition and commercialization of prescription products for niche therapeutic markets. Headquartered in Mississauga, Ontario, the company builds its portfolio through strategic licensing agreements and in-house development, with an emphasis on therapies that address unmet needs in neurology and rare disorders.

The company’s marketed offering includes treatments for neurological conditions, most notably primary periodic paralysis, for which it commercializes dichlorphenamide (Keveyis) in North America.

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