CEL-SCI Co. (CVM) Sees Significant Growth in Short Interest
CEL-SCI Co. (NYSEAMERICAN:CVM) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 526,760 shares, an increase of 14.0% from the November 30th total of 462,000 shares. Approximately 4.8% of the shares of the company are short sold. Based on an average daily trading volume, of 128,714 shares, the days-to-cover ratio is currently 4.1 days.
In related news, Director Vicente Benjamin Asuncion sold 160,000 shares of the stock in a transaction that occurred on Tuesday, October 17th. The shares were sold at an average price of $0.39, for a total value of $62,400.00.
Separately, Dawson James reaffirmed a “neutral” rating on shares of CEL-SCI in a research note on Monday, October 16th.
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CEL-SCI Corporation is engaged in the research and development at developing the treatment of cancer and other diseases by using the immune system. The Company is focused on activating the immune system to fight cancer and infectious diseases. It operates through the segment of research and development of certain drugs and vaccines.
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