Lakewood-Amedex Biotherapeutics Inc. (NASDAQ:LABT – Get Free Report) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 37,772 shares, a decline of 48.4% from the June 15th total of 73,164 shares. Currently, 2.2% of the shares of the stock are short sold. Based on an average trading volume of 299,767 shares, the days-to-cover ratio is currently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen downgraded Lakewood-Amedex Biotherapeutics from a “hold” rating to a “sell” rating in a report on Saturday, May 30th.
View Our Latest Analysis on LABT
Lakewood-Amedex Biotherapeutics Price Performance
Lakewood-Amedex Biotherapeutics (NASDAQ:LABT – Get Free Report) last posted its quarterly earnings data on Friday, May 22nd. The company reported ($2.00) EPS for the quarter.
Lakewood-Amedex Biotherapeutics Company Profile
We are a biotechnology company focused on leveraging unique, pioneering science to address unmet needs in the treatment of infectious diseases, improving patient outcomes, and significantly reducing the threat posed by antibiotic-resistant bacterial strains, including methicillin resistant Staphylococcus aureus (MRSA), vancomycin resistant Enterococci species (VRE), and others. Antimicrobial resistance (AMR) represents a growing global health crisis, being directly responsible for 1.27 million deaths annually and contributing to nearly 5 million deaths worldwide.
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