Basilea Pharmaceutica AG (OTCMKTS:BPMUF) Short Interest Down 88.1% in May

Basilea Pharmaceutica AG (OTCMKTS:BPMUFGet Free Report) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 546 shares, a drop of 88.1% from the April 30th total of 4,577 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Basilea Pharmaceutica Stock Performance

Basilea Pharmaceutica stock opened at $65.10 on Thursday. The business’s 50 day simple moving average is $69.28 and its 200 day simple moving average is $67.49. The company has a current ratio of 5.11, a quick ratio of 4.68 and a debt-to-equity ratio of 0.59. Basilea Pharmaceutica has a 12 month low of $57.70 and a 12 month high of $74.00.

Basilea Pharmaceutica Company Profile

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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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