Cosmo Pharmaceuticals (OTCMKTS:CMOPF) Short Interest Down 37.2% in May

Cosmo Pharmaceuticals (OTCMKTS:CMOPFGet Free Report) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 14,592 shares, a decrease of 37.2% from the April 30th total of 23,228 shares. Based on an average daily trading volume, of 597 shares, the short-interest ratio is currently 24.4 days.

Cosmo Pharmaceuticals Trading Down 4.1%

Shares of OTCMKTS CMOPF opened at C$92.60 on Wednesday. The firm’s 50 day moving average price is C$106.66 and its 200-day moving average price is C$120.54. Cosmo Pharmaceuticals has a 52-week low of C$75.00 and a 52-week high of C$169.90.

Cosmo Pharmaceuticals Company Profile

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Cosmo Pharmaceuticals N.V., a specialty pharmaceutical company, focuses on the development and commercialization products for gastroenterology, endoscopy, dermatology, and healthtech worldwide. The company offers Lialda/Mezavant/Mesavancol, a once-daily mesalamine tablet approved to help get active, mild to moderate ulcerative colitis into remission; Lumeblue (methylene blue MMX), a diagnostic drug to enhance pre-cancerous and cancerous detection of colorectal lesions during colonoscopy; Uceris/Cortiment, an oral tablet formulation which delivers budesonide directly to the lumen of the colon; Aemcolo/Relafalk, a GI antibiotic with MMX® technology and is approved for the treatment of travellers' diarrhoea; Winlevi, a prescription medicine used on the skin to treat acne vulgaris; Eleview, a medical device, which enables the safer and faster removal of colonic lesions; and GI Genius, a system that uses artificial intelligence to detect colorectal polyps during colonoscopy.

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