It Seems Nabriva Therapeutics Plc – Ordinary Shares (NASDAQ:NBRV) Will Go Down. Just Reported More Shorted Shares

March 22, 2018 - By Nellie Frank

 It Seems Nabriva Therapeutics Plc   Ordinary Shares (NASDAQ:NBRV) Will Go Down. Just Reported More Shorted Shares

The stock of Nabriva Therapeutics Plc – Ordinary Shares (NASDAQ:NBRV) registered an increase of 4.77% in short interest. NBRV’s total short interest was 641,100 shares in March as published by FINRA. Its up 4.77% from 611,900 shares, reported previously. With 214,300 shares average volume, it will take short sellers 3 days to cover their NBRV’s short positions. The short interest to Nabriva Therapeutics Plc – Ordinary Shares’s float is 2.76%.

The stock increased 1.90% or $0.108 during the last trading session, reaching $5.788. About 136,986 shares traded. Nabriva Therapeutics plc (NASDAQ:NBRV) has risen 15.31% since March 22, 2017 and is uptrending. It has underperformed by 1.39% the S&P500.

Nabriva Therapeutics plc, a clinical stage biopharmaceutical company, engages in the research and development of novel antibiotics to treat serious bacterial infections with a focus on the pleuromutilin class of antibiotics. The company has market cap of $212.46 million. The Company’s lead product candidate is lefamulin, a novel semi-synthetic pleuromutilin antibiotic for systemic administration in humans. It currently has negative earnings. The companyÂ’s product, lefamulin is being studied in two registrational Phase 3 clinical trials in patients with moderate to severe community-acquired bacterial pneumonia.

Nabriva Therapeutics plc (NASDAQ:NBRV) Ratings Coverage

Among 5 analysts covering Nabriva Therapeutics (NASDAQ:NBRV), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nabriva Therapeutics has $22 highest and $10 lowest target. $15.60’s average target is 169.52% above currents $5.788 stock price. Nabriva Therapeutics had 8 analyst reports since October 12, 2015 according to SRatingsIntel. Leerink Swann initiated the shares of NBRV in report on Tuesday, October 13 with “Outperform” rating. The stock of Nabriva Therapeutics plc (NASDAQ:NBRV) earned “Outperform” rating by Leerink Swann on Thursday, October 27. As per Wednesday, February 1, the company rating was maintained by Wedbush. The rating was initiated by RBC Capital Markets with “Outperform” on Tuesday, October 13. The stock of Nabriva Therapeutics plc (NASDAQ:NBRV) has “Outperform” rating given on Tuesday, October 13 by Wedbush. The company was initiated on Monday, October 12 by Needham. The company was initiated on Wednesday, January 27 by Gabelli. RBC Capital Markets maintained it with “Outperform” rating and $22 target in Thursday, November 12 report.

More notable recent Nabriva Therapeutics plc (NASDAQ:NBRV) news were published by: which released: “Nabriva Therapeutics PLC” on December 11, 2016, also with their article: “Nabriva Therapeutics Reports 2017 Financial Results and Recent Corporate …” published on March 16, 2018, published: “Nabriva Therapeutics plc Successfully Concludes Tender Offer for Outstanding …” on June 26, 2017. More interesting news about Nabriva Therapeutics plc (NASDAQ:NBRV) were released by: and their article: “News Nabriva Therapeutics PLCNBRV” published on September 12, 2015 as well as‘s news article titled: “Nabriva Announces the Proposed Redomicile of its Holding Company from Austria …” with publication date: April 17, 2017.

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