Short Interest in Basilea Pharmaceutica AG (OTCMKTS:BPMUF) Drops By 91.8%

Basilea Pharmaceutica AG (OTCMKTS:BPMUFGet Free Report) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 39 shares, a drop of 91.8% from the July 30th total of 474 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Basilea Pharmaceutica Stock Performance

Basilea Pharmaceutica stock opened at $77.40 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 4.68 and a current ratio of 5.11. Basilea Pharmaceutica has a one year low of $59.29 and a one year high of $77.40. The company has a 50-day simple moving average of $63.54 and a 200-day simple moving average of $66.94.

Basilea Pharmaceutica Company Profile

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Basilea Pharmaceutica AG is a Swiss biopharmaceutical company headquartered in Basel, specializing in the development and commercialization of innovative treatments for hospital‐treated diseases. The company’s research is focused primarily on anti‐infectives and oncology, with a portfolio that spans both marketed products and early‐ to late‐stage pipeline candidates. Basilea leverages medicinal chemistry expertise to address critical medical needs in fungal infections, bacterial infections and cancer.

Among its lead products is isavuconazole, a broad‐spectrum antifungal agent marketed under the trade name Cresemba.

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