Noema Pharma plc (NASDAQ:NOEMW) Short Interest Down 89.0% in May

Noema Pharma plc (NASDAQ:NOEMWGet Free Report) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,953 shares, a decline of 89.0% from the April 30th total of 17,807 shares. Based on an average daily volume of 144 shares, the short-interest ratio is presently 13.6 days.

Noema Pharma Stock Performance

Shares of NASDAQ NOEMW traded down $0.01 during trading hours on Friday, hitting $0.10. 3,102 shares of the company’s stock were exchanged, compared to its average volume of 22,719. Noema Pharma has a 1-year low of $0.06 and a 1-year high of $0.25. The firm has a 50-day moving average of $0.09.

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