Today Vbi Vaccines Inc – Ordinary Shares (NASDAQ:VBIV) Reported Increase in Shorted Shares

June 13, 2018 - By Clifton Ray

VBI Vaccines Inc. (NASDAQ:VBIV) Logo

The stock of Vbi Vaccines Inc – Ordinary Shares (NASDAQ:VBIV) registered an increase of 11.31% in short interest. VBIV’s total short interest was 820,900 shares in June as published by FINRA. Its up 11.31% from 737,500 shares, reported previously. With 131,400 shares average volume, it will take short sellers 6 days to cover their VBIV’s short positions. The short interest to Vbi Vaccines Inc – Ordinary Shares’s float is 2.14%.

The stock increased 5.56% or $0.202 during the last trading session, reaching $3.842. About 673,204 shares traded or 283.58% up from the average. VBI Vaccines Inc. (NASDAQ:VBIV) has declined 26.86% since June 13, 2017 and is downtrending. It has underperformed by 39.43% the S&P500.

VBI Vaccines Inc., a commercial stage biopharmaceutical company, develops vaccines to address unmet needs in infectious disease and immuno-oncology in Israel and internationally. The company has market cap of $246.75 million. It is developing eVLP, a vaccine platform for the design of enveloped virus-like particle vaccines; and Lipid Particle Vaccine technology, a vaccine formulation technology that enables the thermostabilization of vaccines through a proprietary formulation and freeze-drying process. It currently has negative earnings. The firm also offers Sci-B-Vac, a third-generation hepatitis B vaccine for adults, children, and newborn infants.

More news for VBI Vaccines Inc. (NASDAQ:VBIV) were recently published by: Globenewswire.com, which released: “VBI Vaccines Announces Results of Annual General Meeting” on May 25, 2018. Nasdaq.com‘s article titled: “Well Leveraged: VBI Vaccines Outlines Clinical Trial Progress” and published on May 22, 2018 is yet another important article.

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