Helix BioMedix Inc. (OTCMKTS:HXBM) Short Interest Up 240.0% in August

Helix BioMedix Inc. (OTCMKTS:HXBMGet Free Report) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 204 shares, a growth of 240.0% from the August 15th total of 60 shares. Based on an average daily trading volume, of 280 shares, the short-interest ratio is presently 0.7 days. Currently, 0.1% of the shares of the company are sold short.

Helix BioMedix Price Performance

Shares of OTCMKTS HXBM remained flat at $6.00 during mid-day trading on Monday. The company had a trading volume of 400 shares, compared to its average volume of 317. The stock’s fifty day moving average price is $2.30 and its 200 day moving average price is $1.80. Helix BioMedix has a 52-week low of $1.00 and a 52-week high of $6.50.

Helix BioMedix Company Profile

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Helix BioMedix, Inc (OTCMKTS: HXB M) is a clinical-stage biotechnology company focused on the development of novel immunotherapeutic and supportive care products for cancer patients. The company’s research and development efforts center on leveraging the body’s innate immune system to enhance anti-tumor responses, with a pipeline that includes biologics designed to modulate immune checkpoints and activate phagocytic cells against tumor targets.

Operating from its headquarters in Cambridge, Massachusetts, Helix BioMedix applies proprietary discovery and screening platforms to identify and optimize lead candidates.

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