Short Interest in AB Science S.A. (OTCMKTS:ABSCF) Increases By 200.0%

AB Science S.A. (OTCMKTS:ABSCF) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,500 shares, an increase of 200.0% from the December 31st total of 500 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 5.0 days.

AB Science Stock Performance

OTCMKTS:ABSCF opened at $0.90 on Friday. AB Science has a 1-year low of $0.80 and a 1-year high of $1.06. The firm’s fifty day moving average price is $0.92 and its 200 day moving average price is $1.14.

AB Science Company Profile

AB Science SA, a clinical-stage company, designs and develops novel drugs to various diseases with high unmet medical needs for inflammatory diseases, pathologies affecting peripheral and central nervous system, and cancers in France. The company’s lead compound is the masitinib, a tyrosine kinase inhibitor which is in Phase III clinical trials for the treatment of amyotrophic lateral sclerosis, indolent systemic mastocytosis, severe asthma, progressive forms of multiple sclerosis, first line pancreatic cancer with pain, alzheimer’s disease, and metastatic castrate-resistant prostate cancer, as well as in Phase II clinical trial to treat Covid-19.