TherapeuticsMD, Inc. (NASDAQ:TXMD) Short Interest Down 29.9% in November

TherapeuticsMD, Inc. (NASDAQ:TXMD) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 21,100 shares, a drop of 29.9% from the November 15th total of 30,100 shares. Based on an average daily volume of 16,300 shares, the short-interest ratio is presently 1.3 days. Currently, 0.2% of the shares of the stock are sold short.

TherapeuticsMD Stock Down 2.4 %

TXMD stock traded down $0.03 during mid-day trading on Friday, reaching $1.22. The company’s stock had a trading volume of 8,889 shares, compared to its average volume of 17,653. The company’s 50 day moving average is $1.46 and its two-hundred day moving average is $1.68. TherapeuticsMD has a fifty-two week low of $1.15 and a fifty-two week high of $2.75.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of TherapeuticsMD in a research note on Monday. They set a “hold” rating for the company.

Institutional Investors Weigh In On TherapeuticsMD

A hedge fund recently raised its stake in TherapeuticsMD stock. Clearline Capital LP raised its holdings in TherapeuticsMD, Inc. (NASDAQ:TXMD) by 18.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 636,622 shares of the company’s stock after acquiring an additional 101,282 shares during the quarter. Clearline Capital LP owned 5.52% of TherapeuticsMD worth $1,025,000 as of its most recent filing with the SEC. Institutional investors own 30.74% of the company’s stock.

TherapeuticsMD Company Profile

TherapeuticsMD, Inc operates as a pharmaceutical royalty company in the United States. It has a license agreement with Mayne Pharma to commercialize the IMVEXXY, BIJUVA, and ANNOVERA prescription prenatal vitamin products sold under the BocaGreenMD and vitaMedMD brand names. The company sells its prescription pharmaceutical products and prenatal vitamin products through wholesale distributors and retail pharmacy distributors.