NRx Pharmaceuticals, Inc. (NASDAQ:NRXPW) Short Interest Down 69.2% in December

NRx Pharmaceuticals, Inc. (NASDAQ:NRXPW) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 1,200 shares, a drop of 69.2% from the November 30th total of 3,900 shares. Based on an average daily trading volume, of 4,800 shares, the days-to-cover ratio is presently 0.3 days.

NRx Pharmaceuticals Price Performance

NRx Pharmaceuticals stock traded up $0.03 during midday trading on Thursday, hitting $0.10. The company’s stock had a trading volume of 20,319 shares, compared to its average volume of 15,136. NRx Pharmaceuticals has a 1-year low of $0.04 and a 1-year high of $0.39. The company has a 50-day moving average price of $0.06 and a two-hundred day moving average price of $0.07.

About NRx Pharmaceuticals

NRx Pharmaceuticals, Inc, a clinical-stage biopharmaceutical company, develops novel therapeutics for the treatment of central nervous system disorders, including suicidal depression, post-traumatic stress disorder, and chronic pain. Its products include NRX-101 (D-cycloserine/Lurasidone), an oral, fixed dosed combination of D-cycloserine and lurasidone that earned FDA-designated breakthrough therapy for suicidal treatment-resistant bipolar depression; and NRX-100 (ketamine), which has been awarded FDA fast track designation for the treatment of severe bipolar depression with acute suicidal ideation and behavior.