Valeritas Holdings Inc (NASDAQ:VLRX) Sellers Rose By 223.81% Their Shorts As Of May 3, 2018

May 3, 2018 - By Anthony Rauscher

Valeritas Holdings Inc (NASDAQ:VLRX) had an increase of its shorted shares by 223.81%. It was published in May by FINRA the 13,600 shorted shares on VLRX. The 4,200 previous shares are up with 223.81%. With Average volume 9,200, VLRX’s previous position will take 2 days to recover. Float short on Valeritas Holdings Inc is 0.57%.

The stock decreased 2.87% or $0.05 during the last trading session, reaching $1.69.Currently Valeritas Holdings, Inc. is after 0.00% change in last May 3, 2017. VLRX has also 206,948 shares volume. VLRX underperformed by 11.55% the S&P500.

Valeritas Holdings, Inc., a commercial-stage medical technology company, focuses on developing technologies to treat patients with Type 2 diabetes.The company has $11.84 million market cap. It offers V-Go, a disposable insulin delivery device for basal-bolus therapy.Currently it has negative earnings. The firm also develops h-Patch, a controlled delivery technology platform; Mini-Ject, a disposable needle-free injection system that delivers drugs ranging from small molecules to large proteins, as well as antibodies and vaccines; and Micro-Trans microneedle array patch technology to deliver drugs into the dermis layer of the skin.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: