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

Genfit S.A. (OTCMKTS:GNFTF) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 4,200 shares, a decrease of 33.3% from the November 30th total of 6,300 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Genfit Stock Performance

GNFTF stock opened at $3.54 on Monday. Genfit has a twelve month low of $2.95 and a twelve month high of $5.55. The business has a 50 day moving average price of $5.29 and a two-hundred day moving average price of $5.08.

About Genfit

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.