BioPharma Credit PLC (OTCMKTS:BOPCF) Sees Large Drop in Short Interest

BioPharma Credit PLC (OTCMKTS:BOPCF) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 100 shares, a drop of 83.3% from the November 15th total of 600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 1.0 days.

BioPharma Credit Price Performance

OTCMKTS:BOPCF opened at $0.81 on Friday. The company has a 50 day simple moving average of $0.87 and a two-hundred day simple moving average of $0.89. BioPharma Credit has a fifty-two week low of $0.81 and a fifty-two week high of $0.98.

BioPharma Credit Company Profile

BioPharma Credit PLC, an investment trust, primarily invests in interest-bearing debt assets. Its debt assets are secured by royalties or other cash flows derived from the sales of approved life sciences products. BioPharma Credit PLC was incorporated in 2016 and is based in London, the United Kingdom.