Cipher Pharmaceuticals Inc. (OTCMKTS:CPHRF – Get Free Report) (TSE:CPH) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 22,100 shares, a decline of 13.0% from the May 31st total of 25,400 shares. Based on an average daily trading volume, of 21,900 shares, the days-to-cover ratio is presently 1.0 days.
Cipher Pharmaceuticals Stock Down 0.2 %
CPHRF traded down $0.01 during midday trading on Monday, hitting $6.04. 7,060 shares of the company were exchanged, compared to its average volume of 15,391. Cipher Pharmaceuticals has a 1-year low of $2.50 and a 1-year high of $7.45. The firm’s 50 day moving average price is $6.39 and its 200-day moving average price is $5.65.
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