Seelos Therapeutics, Inc. (NASDAQ:SEEL – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 295,000 shares, a growth of 116.8% from the June 30th total of 136,100 shares. Based on an average daily volume of 488,800 shares, the days-to-cover ratio is currently 0.6 days. Currently, 10.9% of the company’s stock are short sold.
Seelos Therapeutics Stock Down 6.6 %
Shares of NASDAQ:SEEL traded down $0.03 during trading on Friday, hitting $0.44. 298,842 shares of the company were exchanged, compared to its average volume of 1,329,906. Seelos Therapeutics has a fifty-two week low of $0.43 and a fifty-two week high of $398.40. The firm has a fifty day moving average price of $0.85 and a two-hundred day moving average price of $4.14.
Seelos Therapeutics (NASDAQ:SEEL – Get Free Report) last posted its quarterly earnings results on Tuesday, May 14th. The company reported ($1.60) earnings per share for the quarter. The business had revenue of $0.58 million during the quarter.
Institutional Inflows and Outflows
About Seelos Therapeutics
Seelos Therapeutics, Inc, a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapeutics for the treatment of central nervous system, respiratory, and other disorders. The company's lead programs are SLS-002, an intranasal racemic ketamine for the treatment of acute suicidal ideation and behavior in patients with major depressive disorders; SLS-005, a protein stabilizer for the treatment of amyotrophic lateral sclerosis and Sanfilippo syndrome; and SLS-006, a partial dopamine agonist for the treatment of patients with Parkinson's disease (PD).
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