Aptorum Group Limited (NASDAQ:APM) Sees Large Decrease in Short Interest

Aptorum Group Limited (NASDAQ:APMGet Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,482 shares, a decline of 81.4% from the May 14th total of 13,376 shares. Based on an average daily volume of 65,802 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Aptorum Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 4th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Read Our Latest Research Report on Aptorum Group

Aptorum Group Stock Performance

APM stock traded down $0.04 during midday trading on Thursday, reaching $0.87. The company’s stock had a trading volume of 33,093 shares, compared to its average volume of 104,600. Aptorum Group has a 1 year low of $0.65 and a 1 year high of $4.47. The stock has a fifty day simple moving average of $0.90 and a two-hundred day simple moving average of $0.97.

About Aptorum Group

(Get Free Report)

Aptorum Group Ltd. (NASDAQ: APM) is a global biopharmaceutical company incorporated under the laws of the Cayman Islands and headquartered in Hong Kong. Since its Nasdaq listing in 2018, the company has focused on the discovery, development and commercialization of novel therapeutics and diagnostic products. Aptorum’s research efforts are aimed at addressing unmet medical needs across oncology, metabolic disorders, infectious diseases and neurological conditions.

The company’s diversified pipeline includes both small-molecule and biologic drug candidates, as well as companion diagnostic tools.

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