Appili Therapeutics Inc. (OTCMKTS:APLIF) Short Interest Down 53.2% in December

Appili Therapeutics Inc. (OTCMKTS:APLIF) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 106,800 shares, a decrease of 53.2% from the December 15th total of 228,000 shares. Based on an average daily volume of 67,500 shares, the days-to-cover ratio is currently 1.6 days.

Shares of APLIF opened at $0.09 on Friday. The company’s fifty day simple moving average is $0.14 and its 200-day simple moving average is $0.46. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.78 and a quick ratio of 0.78. Appili Therapeutics has a twelve month low of $0.07 and a twelve month high of $1.30.

Appili Therapeutics (OTCMKTS:APLIF) last posted its quarterly earnings data on Friday, November 12th. The company reported ($0.14) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.07). Appili Therapeutics had a negative return on equity of 361.19% and a negative net margin of 40,158.18%. On average, research analysts expect that Appili Therapeutics will post -0.36 earnings per share for the current year.

Separately, Maxim Group lowered shares of Appili Therapeutics from a “buy” rating to a “hold” rating in a research report on Monday, November 15th.

About Appili Therapeutics

Appili Therapeutics Inc, a biopharmaceutical company, acquires, develops, and commercializes novel medicines for unmet needs in the infectious disease in Canada. Its anti-infective portfolio includes Favipiravir for pandemic influenza and COVID-19; ATI-2307, an antifungal candidate, which is in clinical stage for the treatment of cryptococcal meningitis and invasive candidiasis; ATI-1501, a taste-masked oral liquid suspension formulation of an antibiotic, metronidazole; ATI-1503 that develops a class of gram-negative targeting antibiotics; and ATI-1701 is a live-attenuated vaccine for Francisella tularensis.

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