RemeGen Co., Ltd. (OTCMKTS:REGMF – Get Free Report) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,131,607 shares, a growth of 67.8% from the May 14th total of 674,500 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
RemeGen Price Performance
Shares of REGMF remained flat at $9.50 during mid-day trading on Monday. RemeGen has a one year low of $9.50 and a one year high of $15.91. The business has a 50-day moving average of $11.23 and a two-hundred day moving average of $10.57.
About RemeGen
RemeGen Co, Ltd. is a Shanghai-based biopharmaceutical company focused on the research, development and commercialization of innovative antibody-based therapeutics for oncology and immunology. Since its founding in 2009, RemeGen has built a portfolio of antibody–drug conjugates (ADCs), monoclonal antibodies and bispecific antibodies aimed at addressing a range of solid tumors and immune-related conditions. The company leverages its in-house discovery, engineering and manufacturing capabilities to advance its pipeline from preclinical stages through clinical trials.
RemeGen’s lead product candidate, Disitamab Vedotin (RC48), is a HER2-targeting ADC that has received regulatory approval in China for HER2-positive gastric cancer and urothelial carcinoma.
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