Short Interest in 180 Life Sciences Corp. (NASDAQ:ATNF) Expands By 148.1%

180 Life Sciences Corp. (NASDAQ:ATNF) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 160,800 shares, a growth of 148.1% from the November 30th total of 64,800 shares. Approximately 31.4% of the company’s stock are short sold. Based on an average daily trading volume, of 2,230,000 shares, the short-interest ratio is presently 0.1 days.

180 Life Sciences Trading Down 24.0 %

ATNF stock opened at $2.15 on Friday. The stock has a 50-day simple moving average of $2.76 and a 200-day simple moving average of $2.23. 180 Life Sciences has a 1 year low of $1.16 and a 1 year high of $17.75.

180 Life Sciences Company Profile

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.