Genfit S.A. (OTCMKTS:GNFTF) Sees Large Increase in Short Interest

Genfit S.A. (OTCMKTS:GNFTF) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 5,500 shares, an increase of 1,000.0% from the October 31st total of 500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Genfit Stock Performance

GNFTF opened at $5.55 on Thursday. The stock’s fifty day moving average is $5.45 and its two-hundred day moving average is $4.92. Genfit has a 52 week low of $2.95 and a 52 week high of $5.55.

About Genfit

Genfit SA, a late-stage biopharmaceutical company, discovers and develops drug candidates and diagnostic solutions for metabolic and liver-related diseases. The company develops Elafibranor, which is in Phase III clinical trial to treat patients with primary biliary cholangitis. It also engages in the development of NIS4 technology for the diagnosis of nonalcoholic steatohepatitis (NASH) and fibrosis; VS-01 for the treatment of Urea Cycle Disorder (UCD) and Organic Acidemia Disorder (OAD); GNS561, which is in Phase 1b/2a trial to treat patients with cholangiocarcinoma (CCA); VS-01-ACLF and Nitazoxanide (NTZ), which is in Phase 1 trial to treat acute-on-chronic liver failure, as well as VS-02-HE, which is in preclinical trial for the treatment of Reduction of Hyperammonemia and the Stabilization of Blood Ammonia; CML-022; SRT-015, an ASK1 inhibitor targets the inhibition of cellular apoptosis, inflammation, and fibrosis.