Antares Pharma (ATRS) : 7 days before expiry, shorts in Antares Pharma (ATRS) have reduced from 3,524,635 on Jul 29, 2016, to 3,349,703 on August 15, 2016. On an average, 513,725 shares are traded on the exchange. The outstanding bearish positions are equal to 2.5% of the float. Short sellers have covered -174,932 shares, a reduction of -5%, which underlines that they dont expect the stock to fall further from the current levels. The short interest information was released on Wednesday Aug 24th after the market close.
Antares Pharma (NASDAQ:ATRS): The stock opened at $1.32 on Wednesday but the bulls could not build on the opening and the stock topped out at $1.34 for the day. The stock traded down to $1.24 during the day, due to lack of any buying support eventually closed down at $1.27 with a loss of -2.31% for the day. The stock had closed at $1.30 on the previous day. The total traded volume was 1,352,516 shares.
In a related news, Graham Peter J, officer (SVP General Counsel, Secretary) of Antares Pharma, Inc., had purchased 20,000 shares on March 21, 2016. The total value of the transaction was $15,400. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Antares Pharma, Inc. (Antares) is a specialty pharmaceutical Company that focuses on developing and commercializing self-administered parenteral pharmaceutical products and technologies. The Company develops and manufactures for itself and with partners, pressure-assisted injectors, with and without needles, which allow patients to self-inject drugs. It has developed variations of the needle-free injector by adding a small shielded needle to a pre-filled, single-use disposable injector, called the Vibex pressure assisted auto injection system. This system is an alternative to the needle-free system for use with injectable drugs in unit dose containers and is suitable for branded and generic injectables. It has also developed a disposable multi-dose pen injector for use with standard cartridges.