PharmaTher Holdings Ltd. (OTCMKTS:PHRRF) Stock Short Interest Drops 83.7%

PharmaTher Holdings Ltd. (OTCMKTS:PHRRF – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 5,771 shares, a drop of 83.7% from the September 15th total of 35,490 shares. Based on an average daily trading volume, of 138,958 shares, the short-interest ratio is currently 0.0 days.

PharmaTher Stock Performance

Shares of OTCMKTS PHRRF traded down $0.00 during trading hours on Friday, hitting $0.04. 20,000 shares of the company traded hands, compared to its average volume of 157,653. The company’s 50 day moving average price is $0.04 and its 200 day moving average price is $0.04. PharmaTher has a 12 month low of $0.03 and a 12 month high of $0.14.

About PharmaTher

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PharmaTher Inc is a specialty pharmaceutical company focused on developing and commercializing therapies for diseases with significant unmet medical needs. The company’s strategy centers on repurposing established medicines and advancing pharmaceutical products through clinical development and regulatory pathways.

PharmaTher has primarily focused on ketamine-based treatments and psychedelic medicines. Its development programs have included potential applications of ketamine in neurological and psychiatric conditions, including status epilepticus, Parkinson’s disease and related movement disorders.

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