Jyong Biotech Ltd. (NASDAQ:MENS – Get Free Report) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 525,468 shares, a decline of 19.0% from the December 31st total of 649,057 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 374,723 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 374,723 shares, the short-interest ratio is currently 1.4 days. Approximately 0.7% of the company’s stock are short sold.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jyong Biotech in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.
Check Out Our Latest Report on MENS
Institutional Investors Weigh In On Jyong Biotech
Jyong Biotech Stock Performance
Shares of Jyong Biotech stock traded up $0.04 on Monday, hitting $2.40. 293,945 shares of the company’s stock traded hands, compared to its average volume of 373,094. Jyong Biotech has a 52-week low of $2.30 and a 52-week high of $67.00. The firm’s 50-day moving average is $11.05 and its 200 day moving average is $32.47.
Jyong Biotech Company Profile
OUR MISSION We endeavor to develop and supply first-class innovative drugs to meet our customers’ health needs. We seek to be a valuable business organization that is held in high esteem by the public. We are a science-driven biotechnology company based in Taiwan and are committed to developing and commercializing innovative and differentiated new drugs (plant-derived) mainly specializing in the treatment of urinary system diseases, with an initial focus on the markets of the U.S., the EU, and Asia.
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