180 Life Sciences Corp. (NASDAQ:ATNF) Short Interest Down 28.6% in November

180 Life Sciences Corp. (NASDAQ:ATNF) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 64,800 shares, a drop of 28.6% from the November 15th total of 90,800 shares. Based on an average daily trading volume, of 1,960,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 13.2% of the shares of the stock are sold short.

180 Life Sciences Stock Up 2.7 %

Shares of NASDAQ ATNF traded up $0.05 on Friday, hitting $1.93. The company’s stock had a trading volume of 46,551 shares, compared to its average volume of 746,371. The stock has a 50 day moving average of $2.83 and a 200-day moving average of $2.19. 180 Life Sciences has a 12-month low of $1.16 and a 12-month high of $17.75.

About 180 Life Sciences

180 Life Sciences Corp., a clinical stage biotechnology company, focuses on developing therapeutics for unmet medical needs in chronic pain, inflammation, fibrosis, and other inflammatory diseases. The company product development platforms includes fibrosis and anti-tumor necrosis factor (anti-TNF) platform, which has completed Phase IIb clinical trials that focuses on fibrosis and anti-TNF; Synthetic Cannabidiol (CBD) Analogs platform, which are synthetic pharmaceutical grade molecules close or distant analogs of non-psychoactive cannabinoids, such as CBD for the treatment of inflammatory diseases and pain; and a7nAChR platform, an immune suppressive, which is under preclinical trails that focuses on alpha 7 nicotinic acetylcholine receptor.