Innate Pharma S.A. (OTCMKTS:IPHYF) Sees Significant Growth in Short Interest

Innate Pharma S.A. (OTCMKTS:IPHYF) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 8,400 shares, an increase of 425.0% from the November 30th total of 1,600 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 21.0 days.

Innate Pharma Price Performance

Shares of IPHYF stock remained flat at $2.90 during trading hours on Friday. The company’s 50-day moving average price is $1.95 and its two-hundred day moving average price is $2.12. Innate Pharma has a 12 month low of $1.28 and a 12 month high of $2.90.

Innate Pharma Company Profile

Innate Pharma SA, a biotechnology company, develops immunotherapies for cancer patients in France and internationally. The company's products include Lacutamab (IPH4102), an anti-KIR3DL2 antibody, which is in Phase II clinical trials for the treatment of cutaneous T-cell and peripheral T-cell lymphoma, as well as in Phase II clinical trials to treat refractory sézary syndrome; Monalizumab, an immune checkpoint inhibitor that is in Phase III clinical trial to treat advanced solid tumors comprising colorectal and lung cancer, as well as head and neck cancer; IPH5201, a blocking antibody that is in Phase II clinical trials targeting the CD39 immunosuppressive pathway; IPH5301, an anti-CD73 antibody targeting the immunosuppressive adenosine pathway to promote antitumor immunity; IPH6401, an BCMA-targeting NK cell engager; and IPH6101, a NKp46-based NK cell engager that targets CD123 proprietary multi-specific antibody format; and IPH62, an B7-H3-targeting NK cell engager.