RemeGen Co., Ltd. (OTCMKTS:REGMF) Short Interest Up 67.8% in May

RemeGen Co., Ltd. (OTCMKTS:REGMFGet Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,131,607 shares, a growth of 67.8% from the May 14th total of 674,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

RemeGen Stock Performance

Shares of RemeGen stock remained flat at $9.50 during midday trading on Tuesday. RemeGen has a twelve month low of $9.50 and a twelve month high of $15.91. The firm’s 50-day moving average is $11.20 and its two-hundred day moving average is $10.56.

About RemeGen

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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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