Short Interest in Sunshine Biopharma, Inc. (NASDAQ:SBFMW) Decreases By 85.7%

Sunshine Biopharma, Inc. (NASDAQ:SBFMWGet Free Report) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 773 shares, a decrease of 85.7% from the July 30th total of 5,398 shares. Based on an average daily volume of 190 shares, the short-interest ratio is presently 4.1 days.

Sunshine Biopharma Stock Down 0.5%

NASDAQ:SBFMW traded down $0.00 during trading hours on Thursday, hitting $0.04. The company had a trading volume of 1,650 shares, compared to its average volume of 14,443. Sunshine Biopharma has a 1 year low of $0.02 and a 1 year high of $0.65. The company has a 50-day moving average of $0.04 and a 200 day moving average of $0.09.

Sunshine Biopharma Company Profile

(Get Free Report)

Sunshine Biopharma is a development-stage biopharmaceutical company focused on the discovery and development of novel small-molecule therapeutics for oncology and antiviral applications. The company’s research activities encompass the design, synthesis and preclinical evaluation of compounds that inhibit key pathways involved in cell proliferation and viral replication.

Among its lead programs, Sunshine Biopharma is advancing Adva-27a, a topoisomerase II inhibitor licensed from the National Research Council of Canada, which is undergoing preclinical studies for potential use in breast and ovarian cancers.

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