What’s in Aptevo Therapeutics Incorporated (NASDAQ:APVO) After Decline in Shorted Shares?

October 13, 2017 - By Adrian Erickson

 What’s in Aptevo Therapeutics Incorporated (NASDAQ:APVO) After Decline in Shorted Shares?

The stock of Aptevo Therapeutics Incorporated (NASDAQ:APVO) registered a decrease of 16.72% in short interest. APVO’s total short interest was 318,200 shares in October as published by FINRA. Its down 16.72% from 382,100 shares, reported previously. With 92,900 shares average volume, it will take short sellers 3 days to cover their APVO’s short positions. The short interest to Aptevo Therapeutics Incorporated’s float is 2.12%.

The stock decreased 1.62% or $0.04 on October 13, reaching $2.43. About 233,948 shares traded. Aptevo Therapeutics Inc (NASDAQ:APVO) has 0.00% since October 13, 2016 and is . It has underperformed by 16.70% the S&P500.

Aptevo Therapeutics Inc. is a biotechnology company. The company has market cap of $52.05 million. The Firm is focused on oncology and hematology therapeutics. It currently has negative earnings. The Firm is engaged in the discovery, development, commercialization and sale of oncology and hematology therapeutics.

More recent Aptevo Therapeutics Inc (NASDAQ:APVO) news were published by: Globenewswire.com which released: “Aptevo Therapeutics Extends Cash Runway $20 Million; Retains Term Loan …” on September 28, 2017. Also Seekingalpha.com published the news titled: “Aptevo Therapeutics: Slowly Grinding Higher” on October 12, 2017. Seekingalpha.com‘s news article titled: “Aptevo Therapeutics Likely Worth At Least $5 A Share” with publication date: September 01, 2017 was also an interesting one.

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