Innate Pharma SA (OTCMKTS:IPHYF) Sees Significant Growth in Short Interest

Innate Pharma SA (OTCMKTS:IPHYFGet Free Report) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 8,252 shares, a growth of 77.0% from the June 15th total of 4,661 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Approximately 0.0% of the shares of the company are sold short.

Innate Pharma Stock Performance

IPHYF stock opened at $1.65 on Friday. The company has a fifty day moving average price of $1.75 and a 200 day moving average price of $1.85. Innate Pharma has a 12 month low of $1.37 and a 12 month high of $2.25.

About Innate Pharma

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Innate Pharma is a clinical-stage biotechnology company headquartered in Marseille, France, focused on harnessing the innate immune system to develop novel immunotherapies for oncology and inflammatory diseases. Founded in 1999, the company applies its expertise in natural killer (NK) cell and macrophage biology to design antibodies and other biologic agents that modulate immune checkpoints and enhance antitumor responses.

The company’s pipeline includes several lead programs such as monalizumab, an anti-NKG2A antibody designed to restore NK cell and CD8+ T cell activity, and lirilumab, which targets KIR receptors on NK cells to promote tumor cell killing.

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