What’s in Inflarx N.V. (NASDAQ:IFRX) After Decline in Shorted Shares? – The Cardinal Weekly

The stock of Inflarx N.V. (NASDAQ:IFRX) registered a decrease of 1.57% in short interest. IFRX’s total short interest was 231,600 shares in December as published by FINRA. Its down 1.57% from 235,300 shares, reported previously. With 11,900 shares average volume, it will take short sellers 20 days to cover their IFRX’s short positions. The short interest to Inflarx N.V.’s float is 3.2%.

The stock increased 18.20% or $5.83 during the last trading session, reaching $37.87. About 55,733 shares traded or 25.54% up from the average. InflaRx N.V. (NASDAQ:IFRX) has risen 63.49% since December 31, 2017 and is uptrending. It has outperformed by 63.49% the S&P500.

InflaRx GmbH, a clinical-stage biopharmaceutical company, focuses on discovering and developing inhibitors using C5a technology in the United States. The company has market cap of $971.82 million. The Company’s C5a is an inflammatory mediator involved in the enhancement of a variety of autoimmune and other inflammatory diseases. It currently has negative earnings. The firm is involved developing IFX-1, a novel intravenously delivered first-in-class anti-C5a monoclonal antibody for the treatment of hidradenitis suppurativa, a rare and chronic debilitating systemic inflammatory skin disease; ANCA-associated vasculitis, a rare and life-threatening autoimmune disease; and other chronic/autoimmune diseases, as well as IFX-2 for the treatment of chronic inflammation and autoimmune diseases.

More notable recent InflaRx N.V. (NASDAQ:IFRX) news were published by: Globenewswire.com which released: “InflaRx N.V. To Host R&D Day on Hidradenitis Suppurativa and its Breakthrough Anti-C5a Monoclonal Antibody IFX-1 – GlobeNewswire” on August 28, 2018, also Nasdaq.com with their article: “Nokia Corporation Financial Report for Q3 and January-September 2018 – Nasdaq” published on October 25, 2018, Seekingalpha.com published: “Biotech: Take It On The Run – Seeking Alpha” on July 05, 2018. More interesting news about InflaRx N.V. (NASDAQ:IFRX) were released by: Nasdaq.com and their article: “InflaRx Initiates Phase II Clinical Trial with IFX-1 in ANCA-Associated Vasculitis with First Patient Dosing – Nasdaq” published on October 30, 2018 as well as Nasdaq.com‘s news article titled: “People Corporation Announces Financial Results for the Fourth Quarter of Fiscal 2018 – Nasdaq” with publication date: December 03, 2018.

InflaRx N.V. (NASDAQ:IFRX) Ratings Chart

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