Advaxis, Inc. (OTCMKTS:ADXS – Get Rating) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 2,900 shares, a drop of 27.5% from the August 31st total of 4,000 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is currently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Advaxis in a report on Monday, August 22nd. They set a "sell" rating for the company.

Advaxis Stock Performance

Advaxis stock traded down $0.04 during mid-day trading on Friday, hitting $2.16. 4,192 shares of the company's stock traded hands, compared to its average volume of 6,242. The company has a 50 day moving average of $3.20. Advaxis has a fifty-two week low of $1.02 and a fifty-two week high of $44.80. The stock has a market capitalization of $3.92 million, a PE ratio of -21.60 and a beta of 2.07.

Advaxis Company Profile

Advaxis, Inc, a clinical-stage biotechnology company, focuses on the discovery, development, and commercialization of proprietary Listeria monocytogenes (Lm) technology antigen delivery products in the United States. The company is developing ADXS-PSA, which is in Phase 2 clinical trials for the treatment of metastatic prostate cancer; ADXS-503 that is in Phase 1/2 clinical trials for the treatment of non-small cell lung cancer; and ADXS-504 for the treatment of prostate cancer.

Read More

• Get a free copy of the StockNews.com research report on Advaxis (ADXS)
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