96.15% Less VIA PHARMACEUTICALS INC (OTCMKTS:VIAP) Shares Shorted

May 3, 2018 - By Ira Colvard

It was reported a decrease on VIA PHARMACEUTICALS INC (OTCMKTS:VIAP)’s shorted shares with 96.15%. It was issued in May by FINRA the 100 shorted shares on VIAP. Previously was reported down change of 96.15% from 2,600 shares.

$0.015 was the last price.It’s since May 3, 2017 and is 0.00% down. VIAP underperformed by 11.55% the S&P 500.

VIA Pharmaceuticals, Inc., a development stage biotechnology company, focuses on the development of compounds for the treatment of cardiovascular and metabolic diseases.The firm is worth $308,370. It is developing a pipeline of small molecule drugs that target the underlying causes of cardiovascular and metabolic diseases, including vascular inflammation, high cholesterol, high triglycerides, and insulin sensitization/diabetes.Currently it has negative earnings. The company's drug development pipeline includes VIA-3196, a Phase-1 ready liver-directed thyroid hormone receptor beta agonist that targets dyslipidemia, such as high LDL cholesterol, high triglycerides, and elevated Lp(a); Diacylglycerol Acyl Transferase 1 (DGAT1) inhibitor, which is in pre-clinical development stage treatment of type 2 diabetes with upside potential in weight control and dyslipidemia; and VIA-2291, a 5-Lipoxygenase inhibitor that has completed third Phase 2 clinical trial for the treatment of atherosclerotic plaque, an underlying cause of heart attack, stroke, and other vascular diseases.

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