Short Interest in Newron Pharmaceuticals S.p.A. (OTCMKTS:NWPHF) Declines By 51.7%

Newron Pharmaceuticals S.p.A. (OTCMKTS:NWPHFGet Free Report) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 78,634 shares, a decrease of 51.7% from the April 15th total of 162,794 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Newron Pharmaceuticals Price Performance

Newron Pharmaceuticals stock remained flat at $20.00 during mid-day trading on Friday. Newron Pharmaceuticals has a 12 month low of $9.10 and a 12 month high of $20.00. The business’s 50 day moving average price is $16.17 and its two-hundred day moving average price is $11.74.

Newron Pharmaceuticals Company Profile

(Get Free Report)

Newron Pharmaceuticals SpA is a clinical-stage biopharmaceutical company headquartered in Bresso, Italy, dedicated to developing novel therapies for central nervous system (CNS) disorders. The company’s research and development efforts focus on small-molecule compounds designed to address unmet medical needs in neurology and psychiatry.

Newron’s lead product, safinamide, is marketed under the brand name Xadago as an adjunctive therapy for patients with mid- to late-stage Parkinson’s disease.

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