Medexus Pharmaceuticals Inc. (OTCMKTS:MEDXF – Get Free Report) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 19,100 shares, a decline of 89.4% from the January 31st total of 180,500 shares. Based on an average daily volume of 75,400 shares, the short-interest ratio is presently 0.3 days.
Medexus Pharmaceuticals Trading Up 2.1 %
OTCMKTS MEDXF traded up $0.04 on Friday, hitting $1.95. 6,917 shares of the stock were exchanged, compared to its average volume of 46,488. Medexus Pharmaceuticals has a fifty-two week low of $1.08 and a fifty-two week high of $3.88. The company has a 50-day moving average price of $2.48 and a 200-day moving average price of $2.06.
Analyst Ratings Changes
Separately, Raymond James reiterated a “strong-buy” rating on shares of Medexus Pharmaceuticals in a report on Monday, February 3rd.
About Medexus Pharmaceuticals
Medexus Pharmaceuticals Inc operates as a specialty pharmaceutical company in Canada and the United States. The company focuses on the therapeutic areas comprising oncology, hematology, rheumatology, auto-immune diseases, allergy, and dermatology. Its primary products are IXINITY, an intravenous recombinant factor IX therapeutic for use in patients 12 years of age or older with hemophilia B; Rasuvo and Metoject, a formulation of methotrexate designed to treat rheumatoid arthritis and other auto-immune diseases; Rupall, a prescription allergy medication; and Gleolan, an optical imaging agent indicated in patients with glioma as an adjunct for the visualization of malignant tissue during surgery.
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