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.

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