iBio Inc (IBIO)

[lecorb]

Ibio Sees Significant Growth in Short Interest (IBIO)
Posted by Scott Davis on Nov 12th, 2014

Ibio (NYSE:IBIO) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,655,614 shares, a growth of 706.7% from the October 15th total of 453,143 shares, ARN reports. Approximately 6.2% of the company’s shares are short sold. Based on an average daily volume of 19,451,482 shares, the short-interest ratio is currently 0.2 days.

Shares of Ibio (NYSE:IBIO) traded down 0.87% during mid-day trading on Wednesday, hitting $1.14. 954,022 shares of the company’s stock traded hands. Ibio has a 1-year low of $0.24 and a 1-year high of $3.48. The stock’s 50-day moving average is $1.19 and its 200-day moving average is $0.64. The company’s market cap is $76.9 million.

http://www.wkrb13.com/markets/422515/ibio-sees-significant-growth-in-short-interest-ibio/