ImmunoCellular Therapeutics Ltd (IMUC) Sees Significant Decrease in Short Interest
ImmunoCellular Therapeutics Ltd (NYSEAMERICAN:IMUC) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 1,679,860 shares, a drop of 0.9% from the October 13th total of 1,694,466 shares. Currently, 10.6% of the company’s shares are short sold. Based on an average daily volume of 2,347,634 shares, the short-interest ratio is presently 0.7 days.
Shares of ImmunoCellular Therapeutics (IMUC) opened at $0.32 on Friday. ImmunoCellular Therapeutics has a 12 month low of $0.25 and a 12 month high of $4.27.
Separately, Maxim Group reiterated a “hold” rating on shares of ImmunoCellular Therapeutics in a report on Thursday, August 24th.
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ImmunoCellular Therapeutics Company Profile
ImmunoCellular Therapeutics, Ltd. is a clinical-stage biotechnology company. The Company is developing immune-based therapies for the treatment of cancers. The Company’s cancer immunotherapies target cancer stem cells (CSCs), which are the drivers of tumor growth and disease recurrence. Its product candidate is ICT-107, which is in phase III testing.
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