Virios Therapeutics, Inc. (NASDAQ:VIRI – Get Free Report) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 170,200 shares, an increase of 76.9% from the February 29th total of 96,200 shares. Based on an average daily volume of 370,900 shares, the days-to-cover ratio is presently 0.5 days.
Virios Therapeutics Stock Performance
VIRI opened at $0.48 on Thursday. Virios Therapeutics has a one year low of $0.28 and a one year high of $2.42. The company has a market cap of $9.32 million, a price-to-earnings ratio of -1.73 and a beta of 1.82. The business’s fifty day moving average is $0.40 and its two-hundred day moving average is $0.61.
Virios Therapeutics (NASDAQ:VIRI – Get Free Report) last released its earnings results on Thursday, February 29th. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.03. On average, analysts predict that Virios Therapeutics will post -0.27 EPS for the current fiscal year.
Institutional Investors Weigh In On Virios Therapeutics
About Virios Therapeutics
Virios Therapeutics, Inc, a development-stage biotechnology company, focuses on developing novel antiviral therapies to treat diseases associated with a viral triggered abnormal immune response. The company's lead development candidate is the IMC-1, a fixed dose combination of famciclovir and celecoxib to treat fibromyalgia.
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