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Ipsen S.A. (OTCMKTS:IPSEY) Short Interest Up 2,750.0% in April

Ipsen logo with Medical background

Ipsen S.A. (OTCMKTS:IPSEY - Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 5,700 shares, a growth of 2,750.0% from the March 31st total of 200 shares. Based on an average daily volume of 9,800 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the company's shares are short sold.

Ipsen Stock Up 4.8 %

Shares of Ipsen stock traded up $1.35 during trading hours on Thursday, reaching $29.55. 703 shares of the company were exchanged, compared to its average volume of 5,800. Ipsen has a 1 year low of $25.11 and a 1 year high of $34.06. The stock's fifty day moving average is $28.51 and its 200 day moving average is $29.37.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Ipsen in a research note on Wednesday, April 2nd.

Read Our Latest Analysis on IPSEY

Ipsen Company Profile

(Get Free Report)

Ipsen SA operates as a biopharmaceutical company worldwide. The company provides drugs in the areas of oncology, neuroscience, and rare diseases. Its product pipeline comprises Cabometyx + Atezolizumab, which is in phase III clinical trial for the treatment of second line metastatic castration-resistant prostate cancer; lenalidomide and rituximab, and Taverik, which is in phase III for the treatment of second line follicular lymphoma; Bylvay, which is in phase III for the treatment of biliary atresia; Dysport, which is in phase III clinical trial for the treatment of chronic and episodic migraine; Fidrisertib, which is in phase II clinical trial for the treatment of fibrodysplasia ossificans progressiva; Elafibranor, which is in phase II for the treatment of primary sclerosing cholangitis, as well as IPN60250; IPN10200, which is in phase II for the treatment of longer-acting neurotoxin aesthetics and therapeutics; IPN60210, which is in phase I clinical trial for the treatment of relapsed/refractory multiple myeloma; and IPN60260 for the treatment of Viral cholestatic disease and is in phase I clinical trial.

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