Could not resist buying more on the dip Fri. at $10.10. Just mid week Redhill Biopharma (NASDAQ: RDHL) shares were up 3.16% on Wednesday to hit a new 52-week high of $11.35 for a change of up 3.16%.
Remember depositary receipts are a small Float of 3.2M with Shares Outstanding of just 3.5M. When one of their phase 3 trials announces again stock could run big time as the shorts will have to cover too. Short interest is a ridiculous 2M shares GLTA