60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTPW) Sees Significant Drop in Short Interest

60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTPW – Get Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,102 shares, a decrease of 42.9% from the September 15th total of 1,931 shares. Based on an average daily volume of 1,592 shares, the days-to-cover ratio is currently 0.7 days.

60 Degrees Pharmaceuticals Stock Up 1.6%

SXTPW traded up $0.00 during trading on Thursday, hitting $0.03. The company’s stock had a trading volume of 874 shares, compared to its average volume of 9,402. 60 Degrees Pharmaceuticals has a twelve month low of $0.02 and a twelve month high of $0.15. The business’s fifty day simple moving average is $0.03 and its 200 day simple moving average is $0.04.

60 Degrees Pharmaceuticals Company Profile

(Get Free Report)

60 Degrees Pharmaceuticals, Inc is a specialty pharmaceutical company focused on developing and commercializing therapies for infectious diseases. The company’s work has centered primarily on malaria prevention and treatment, with an emphasis on products that address unmet needs in travelers, military personnel and other populations at risk of infection.

The company’s lead product is Arakoda (tafenoquine), an oral antimalarial approved by the U.S. Food and Drug Administration for the prevention of malaria in adults.

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