Idorsia Ltd (OTCMKTS:IDRSF) Short Interest Update

Idorsia Ltd (OTCMKTS:IDRSF) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 5,513,600 shares, an increase of 24.4% from the October 15th total of 4,430,400 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is currently 2,506.2 days.

Idorsia Stock Performance

Shares of OTCMKTS IDRSF remained flat at $1.00 during midday trading on Friday. Idorsia has a 52-week low of $1.00 and a 52-week high of $2.88. The firm’s 50 day moving average price is $2.06 and its 200 day moving average price is $2.28.

Idorsia Company Profile

Idorsia Ltd, a biopharmaceutical company, engages in the discovery, development, and commercialization of drugs for unmet medical needs in Switzerland. The company has a clinical development pipeline that cover various therapeutic areas, including CNS, cardiovascular, and immunological disorders, as well as orphan diseases.