Aytu BioPharma, Inc. ( NASDAQ:AYTU – Get Free Report ) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 126,800 shares, an increase of 7.
1% from the November 30th total of 118,400 shares. Currently, 2.1% of the shares of the stock are sold short.
Based on an average daily trading volume, of 37,000 shares, the short-interest ratio is currently 3.4 days. Aytu BioPharma Stock Performance NASDAQ:AYTU opened at $1.
70 on Thursday. The company’s 50-day moving average price is $1.66 and its 200-day moving average price is $2.
25. The company has a current ratio of 0.99, a quick ratio of 0.
80 and a debt-to-equity ratio of 0.35. The company has a market cap of $10.
45 million, a P/E ratio of -1.38 and a beta of -1.40.
Aytu BioPharma has a twelve month low of $1.30 and a twelve month high of $3.45.
Hedge Funds Weigh In On Aytu BioPharma Several hedge funds and other institutional investors have recently modified their holdings of the business. Stonepine Capital Management LLC lifted its stake in shares of Aytu BioPharma by 6.0% in the third quarter.
Stonepine Capital Management LLC now owns 500,958 shares of the company’s stock worth $1,177,000 after buying an additional 28,489 shares in the last quarter. Armistice Capital LLC purchased a new position in shares of Aytu BioPharma in the second quarter worth about $736,000. Finally, Dimensional Fund Advisors LP increased its position in Aytu BioPharma by 54.
5% during the second quarter. Dimensional Fund Advisors LP now owns 23,551 shares of the company’s stock worth $69,000 after purchasing an additional 8,311 shares during the last quarter. 33.
49% of the stock is owned by hedge funds and other institutional investors. About Aytu BioPharma Aytu Biopharma, Inc, a commercial-stage pharmaceutical company, focuses on commercializing novel therapeutics and consumer healthcare products the United States and internationally. The company operates through two segments: Rx segment and Consumer Health segment.
The Rx segment offers prescription products for the treatment of attention deficit hyperactivity disorder (ADHD), including Adzenys XR-ODT for patients from six years and older, and Cotempla XR-ODT for patients from six to seventeen years old. Recommended Stories Five stocks we like better than Aytu BioPharma Why Understanding Call Option Volume is Essential to Successful Options Trading Work and Play: Investing in the Rise of Bleisure Travel 3 Warren Buffett Stocks to Buy Now Top Dividend Stocks to Buy Now as Bond Yields Could Lower Why Are These Companies Considered Blue Chips? SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for Aytu BioPharma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aytu BioPharma and related companies with MarketBeat.com's FREE daily email newsletter .
.
Business
Aytu BioPharma, Inc. (NASDAQ:AYTU) Sees Large Growth in Short Interest
Aytu BioPharma, Inc. (NASDAQ:AYTU – Get Free Report) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 126,800 shares, an increase of 7.1% from the November 30th total of 118,400 shares. Currently, 2.1% of the shares of the stock are sold short. Based [...]