Auris Medical Holding AG (EARS) Short Interest Update
Auris Medical Holding AG (NASDAQ:EARS) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 648,081 shares, a decrease of 31.3% from the November 15th total of 943,665 shares. Currently, 2.7% of the shares of the stock are short sold. Based on an average daily volume of 2,302,699 shares, the short-interest ratio is presently 0.3 days.
Separately, Zacks Investment Research cut Auris Medical from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th.
Auris Medical (NASDAQ:EARS) opened at $0.46 on Thursday. Auris Medical has a fifty-two week low of $0.38 and a fifty-two week high of $1.39. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of -14.04.
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About Auris Medical
Auris Medical Holding AG is a holding and clinical-stage biopharmaceutical company focused on the development of products for the treatment of inner ear disorders. Its advanced product candidate, AM-101, is in Phase III clinical development for acute inner ear tinnitus under a special protocol assessment (SPA) from the United States Food and Drug Administration.
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