It Seems THERATECHNOLOGIES INC (OTCMKTS:THERF) Will Go Down. Just Reported More Shorted Shares

July 14, 2018 - By Tamara Reed

The stock of THERATECHNOLOGIES INC (OTCMKTS:THERF) registered an increase of 5% in short interest. THERF’s total short interest was 449,000 shares in July as published by FINRA. Its up 5% from 427,600 shares, reported previously. With 137,900 shares average volume, it will take short sellers 3 days to cover their THERF’s short positions. The short interest to THERATECHNOLOGIES INC’s float is 0.61%.

The stock decreased 9.11% or $0.77 during the last trading session, reaching $7.68. About 237,214 shares traded or 165.12% up from the average. Theratechnologies Inc. (OTCMKTS:THERF) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Theratechnologies Inc., specialty pharmaceutical company, addresses unmet medical needs to promote healthy living and an enhanced life among HIV patients. The company has market cap of $597.42 million. The Company’s lead product is EGRIFTA, which increases the incidence or progression of diabetic retinopathy in diabetic HIV-infected patients with lipodystrophy and excess abdominal fat in the United States and Canada. It currently has negative earnings.

Another recent and important Theratechnologies Inc. (OTCMKTS:THERF) news was published by Seekingalpha.com which published an article titled: “More on Theratechnologies Q2 results” on July 05, 2018.

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