Valion Bio, Inc. Common Stock (NASDAQ:VBIO) Stock Short Interest Climbs 128.9%

Valion Bio, Inc. Common Stock (NASDAQ:VBIO) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 87,968 shares, a growth of 128.9% from the September 15th total of 38,427 shares. Based on an average daily volume of 5,958,426 shares, the days-to-cover ratio is currently 0.0 days. Currently, 10.2% of the company’s shares are sold short.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wall Street Zen raised shares of Valion Bio, Inc. Common Stock to a “hold” rating in a research report on Saturday, September 5th. Weiss Ratings restated a “sell (e+)” rating on shares of Valion Bio, Inc. Common Stock in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Valion Bio, Inc. Common Stock Stock Performance

VBIO stock traded down $0.19 during mid-day trading on Thursday, reaching $1.26. The company had a trading volume of 12,660,327 shares, compared to its average volume of 543,111. The stock’s 50-day simple moving average is $3.23 and its two-hundred day simple moving average is $13.10. The stock has a market capitalization of $1.12 million, a P/E ratio of -0.01 and a beta of 1.80. The company has a quick ratio of 0.86, a current ratio of 1.11 and a debt-to-equity ratio of 1.74. Valion Bio, Inc. Common Stock has a one year low of $1.11 and a one year high of $75.50.

Valion Bio, Inc. Common Stock Company Profile

Tivic Health Systems Inc operates as a health tech company, focuses on developing and commercializing bioelectronic medicine. Its primary product is ClearUP, a bioelectronic medicine for the treatment of sinus and nasal inflammation. The company sells its products on direct-to-consumer channel through its own websites; and platforms, such as Amazon.com and Walmart.com, as well as to U.S. online retailers, such as BestBuy and FSAStore and through distributors. Tivic Health Systems, Inc was incorporated in 2016 and is headquartered in Hayward, California.