iBio Inc (IBIO)

[TORO]

IBIO Inc. Short Interest Disclosure
Deanie Harlan Mar 12, 2015

iBio Inc., A rise of 160,038 shares or 14.2% was seen in the short interest of iBio Inc.. Even as the interest increased from 1,124,173 shares on February 13,2015 to 1,284,211 shares on February 27,2015, the days to cover came in at 3. The updated interest stood at 2.2% of the stocks floats. The counter has an average daily volume of 458,786 shares.

iBio, Inc. (NYSEMKT:IBIO) fell 6.12% or 0.045 points in the latest market session. The volatile session saw the price touching $0.735 on the upside and slid to $0.652 on the downside. However, the stock pared major losses and closed at $0.69. At the end of this see-saw battle, the volume was recorded at 1,512,269 shares. The previous close of the counter is $0.735. The stock has a 52-week high of $3.48 and the market cap of Nabors Industries is $51 million. The total number of shares outstanding is roughly 73,981,000. The 52-week low of the counter is $0.24.

iBio, Inc. (NYSEMKT:IBIO) has dropped 19% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 37.29% in the last 4 weeks. The counter has underperformed the S&P 500 by 17.7% during the past week but iBio, Inc. (NYSEMKT:IBIO) has outperformed the index in 4 weeks by 36.24%.