What’s in Aridis Pharmaceuticals Inc (NASDAQ:ARDS) After Decline in Shorted Shares?

October 2, 2018 - By Darrin Black

The stock of Aridis Pharmaceuticals Inc (NASDAQ:ARDS) registered a decrease of 92.25% in short interest. ARDS’s total short interest was 2,000 shares in October as published by FINRA. Its down 92.25% from 25,800 shares, reported previously. With 32,000 shares average volume, it will take short sellers 0 days to cover their ARDS’s short positions. The short interest to Aridis Pharmaceuticals Inc’s float is 2.08%.

The stock increased 4.58% or $0.57 during the last trading session, reaching $13.02. About 920 shares traded. Aridis Pharmaceuticals, Inc. (NASDAQ:ARDS) has 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Aridis Pharmaceuticals Inc., a late-stage biopharmaceutical company, focuses on the discovery and development of targeted immunotherapy using fully human monoclonal antibodies to treat life-threatening infections. The company has market cap of $105.51 million. The Company’s lead product candidate is AR-301, a fully human mAb of immunoglobulin 1 (IgG1) that is in Phase III pivotal trials for the treatment of lung infections resulting from S. aureus alphatoxin. It currently has negative earnings. The firm is also developing AR-105, a fully human IgG1 mAb, which is in Phase II trials to target gram-negative bacteria P. aeruginosa; AR-101, a human IgM mAb that is in Phase IIa trials for the treatment of hospital-acquired pneumonia (HAP)and ventilator-associated pneumonia (VAP) caused by P. aeruginosa serotype O11; AR-401 to treat infections caused by A. baumannii; AR-201, an anti- respiratory syncytial virus F-protein mAb; and AR-501, an anti-infective therapy to manage chronic lung infections in cystic fibrosis patients and acute pneumonia in HAP and VAP patients.

More important recent Aridis Pharmaceuticals, Inc. (NASDAQ:ARDS) news were published by: Benzinga.com which released: “42 Stocks Moving In Monday’s Mid-Day Session” on September 24, 2018, also Streetinsider.com published article titled: “Maxim Group Starts Aridis Pharmaceuticals (ARDS) at Buy”, Benzinga.com published: “The Week Ahead: Nike Earnings, FDA Debates E-Cig Industry, SurveyMonkey IPOs” on September 24, 2018. More interesting news about Aridis Pharmaceuticals, Inc. (NASDAQ:ARDS) was released by: Seekingalpha.com and their article: “Aridis Pharmaceuticals issues additional broad patent for AR-201and AR-401” with publication date: September 24, 2018.

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