GeoVax Labs Inc. (NASDAQ:GOVX – Get Free Report) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 62,850 shares, a decline of 76.9% from the June 15th total of 271,752 shares. Based on an average daily trading volume, of 436,362 shares, the short-interest ratio is currently 0.1 days. Currently, 1.8% of the shares of the stock are sold short.
GeoVax Labs Stock Performance
Shares of GeoVax Labs stock traded down $0.07 during trading hours on Monday, reaching $1.11. 306,057 shares of the company were exchanged, compared to its average volume of 356,370. GeoVax Labs has a 1 year low of $0.96 and a 1 year high of $23.10. The stock’s fifty day moving average is $1.65 and its 200 day moving average is $2.08. The firm has a market cap of $3.85 million, a PE ratio of -0.06 and a beta of 3.68.
GeoVax Labs (NASDAQ:GOVX – Get Free Report) last released its earnings results on Wednesday, April 15th. The company reported $1.85 earnings per share (EPS) for the quarter. Research analysts expect that GeoVax Labs will post -8.69 earnings per share for the current year.
Analyst Ratings Changes
Read Our Latest Analysis on GOVX
Hedge Funds Weigh In On GeoVax Labs
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in shares of GeoVax Labs during the first quarter worth approximately $27,000. HRT Financial LP acquired a new stake in GeoVax Labs in the fourth quarter valued at approximately $31,000. Armistice Capital LLC purchased a new position in GeoVax Labs in the third quarter worth approximately $253,000. Renaissance Technologies LLC purchased a new position in GeoVax Labs in the fourth quarter worth approximately $104,000. Finally, Hudson Bay Capital Management LP acquired a new position in GeoVax Labs during the 3rd quarter worth approximately $47,000. Hedge funds and other institutional investors own 6.09% of the company’s stock.
GeoVax Labs Company Profile
GeoVax Labs, Inc is a clinical-stage biotechnology company focused on the development of novel vaccines and immunotherapies against infectious diseases. Leveraging a proprietary Modified Vaccinia Ankara (MVA) viral vector platform, GeoVax aims to induce robust and durable immune responses by expressing virus-like particles (VLPs) in vaccinated individuals. The company’s pipeline encompasses vaccine candidates for HIV, Ebola, Lassa, Zika, MERS and emerging coronaviruses, reflecting a commitment to addressing high-priority global public health threats.
The cornerstone of GeoVax’s technology is its MVA-VLP platform, which combines the safety profile of a non-replicating poxvirus vector with the potent antigen presentation of VLPs.
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