What’s THERATECHNOLOGIES INC (OTCMKTS:THERF) Upside After This Short Interest Decrease?

April 16, 2018 - By Henry Gaston

The stock of THERATECHNOLOGIES INC (OTCMKTS:THERF) registered a decrease of 1.46% in short interest. THERF’s total short interest was 378,100 shares in April as published by FINRA. Its down 1.46% from 383,700 shares, reported previously. With 82,700 shares average volume, it will take short sellers 5 days to cover their THERF’s short positions. The short interest to THERATECHNOLOGIES INC’s float is 0.51%.

The stock increased 0.82% or $0.06 during the last trading session, reaching $7.34. About 76,536 shares traded or 29.87% up from the average. Theratechnologies Inc. (OTCMKTS:THERF) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Theratechnologies Inc., specialty pharmaceutical company, addresses unmet medical needs to promote healthy living and an enhanced life among HIV patients. The company has market cap of $528.30 million. The Company’s lead product is EGRIFTA, which increases the incidence or progression of diabetic retinopathy in diabetic HIV-infected patients with lipodystrophy and excess abdominal fat in the United States and Canada. It currently has negative earnings.

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