Genfit S.A. (OTCMKTS:GNFTF) Sees Significant Drop in Short Interest

Genfit S.A. (OTCMKTS:GNFTF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 26,800 shares, a drop of 11.0% from the August 31st total of 30,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Genfit Stock Performance

Shares of Genfit stock opened at $5.55 on Friday. Genfit has a 12-month low of $2.95 and a 12-month high of $5.55. The firm’s 50-day moving average price is $4.49 and its two-hundred day moving average price is $4.14.

Genfit Company Profile

Genfit SA, a late-stage biopharmaceutical company, discovers and develops drug candidates and diagnostic solutions for metabolic and liver-related diseases. The company develops Elafibranor, which is in Phase III clinical trial to treat patients with primary biliary cholangitis. It also engages in the development of NIS4 technology for the diagnosis of nonalcoholic steatohepatitis (NASH) and fibrosis; VS-01 for the treatment of Urea Cycle Disorder (UCD) and Organic Acidemia Disorder (OAD); GNS561, which is in Phase 1b/2a trial to treat patients with cholangiocarcinoma (CCA); VS-01-ACLF and Nitazoxanide (NTZ), which is in Phase 1 trial to treat acute-on-chronic liver failure, as well as VS-02-HE, which is in preclinical trial for the treatment of Reduction of Hyperammonemia and the Stabilization of Blood Ammonia; CML-022; SRT-015, an ASK1 inhibitor targets the inhibition of cellular apoptosis, inflammation, and fibrosis.