Short Interest in RemeGen Co., Ltd. (OTCMKTS:REGMF) Expands By 29.2%

RemeGen Co., Ltd. (OTCMKTS:REGMFGet Free Report) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 190,000 shares, an increase of 29.2% from the December 31st total of 147,028 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

RemeGen Price Performance

Shares of REGMF stock opened at $10.45 on Tuesday. The firm has a 50-day moving average price of $10.11 and a 200 day moving average price of $8.66. RemeGen has a twelve month low of $9.81 and a twelve month high of $15.91.

About RemeGen

(Get Free Report)

RemeGen Co, Ltd. is a Shanghai-based biopharmaceutical company focused on the research, development and commercialization of innovative antibody-based therapeutics for oncology and immunology. Since its founding in 2009, RemeGen has built a portfolio of antibody–drug conjugates (ADCs), monoclonal antibodies and bispecific antibodies aimed at addressing a range of solid tumors and immune-related conditions. The company leverages its in-house discovery, engineering and manufacturing capabilities to advance its pipeline from preclinical stages through clinical trials.

RemeGen’s lead product candidate, Disitamab Vedotin (RC48), is a HER2-targeting ADC that has received regulatory approval in China for HER2-positive gastric cancer and urothelial carcinoma.

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