PeptiDream Inc. (OTCMKTS:PPTDF) Sees Significant Drop in Short Interest

PeptiDream Inc. (OTCMKTS:PPTDF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 253,100 shares, a decline of 43.7% from the February 13th total of 449,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 2,531.0 days.

PeptiDream Stock Performance

OTCMKTS PPTDF opened at $17.85 on Friday. PeptiDream has a 1 year low of $8.56 and a 1 year high of $18.00. The stock’s 50-day moving average price is $17.85 and its two-hundred day moving average price is $17.20.

About PeptiDream

PeptiDream Inc, a biopharmaceutical company, engages in the discovery and development of constrained peptides, small molecules, and peptide-drug conjugate therapeutics. The company develops its products based on its Peptide Discovery Platform System, a drug finding platform that enables the production of non-standard peptide libraries for the identification of potent and selective macrocyclic peptide candidates, which then can be developed into peptide-based, small molecule-based, peptide-drug conjugate, and multi-functional peptide conjugates -based therapeutics and diagnostics.