OmniAb, Inc. (NASDAQ:OABIW – Get Free Report) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 9,581 shares, a decline of 33.6% from the May 14th total of 14,433 shares. Based on an average daily trading volume, of 8,727 shares, the days-to-cover ratio is currently 1.1 days.
OmniAb Trading Down 10.1%
Shares of NASDAQ OABIW opened at $0.09 on Tuesday. OmniAb has a 1 year low of $0.05 and a 1 year high of $0.30. The company’s 50-day moving average is $0.10 and its 200 day moving average is $0.10.
OmniAb Company Profile
OmniAb, Inc is a clinical‐stage biotechnology company specializing in the discovery and optimization of therapeutic antibodies. The company leverages a broad suite of proprietary platform technologies designed to accelerate antibody generation, characterization, and engineering. By integrating advanced immunization methods with high‐throughput screening and bioinformatics, OmniAb aims to streamline the development of next‐generation biologics across a range of disease areas.
At the core of OmniAb’s offering are its transgenic animal platforms, which have been engineered to produce fully human antibodies, and its complementary in vitro display and single‐cell screening capabilities.
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