Emmaus Life Sciences, Inc. (OTCMKTS:EMMA) Short Interest Up 30.6% in March

Emmaus Life Sciences, Inc. (OTCMKTS:EMMAGet Free Report) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 6,400 shares, an increase of 30.6% from the February 28th total of 4,900 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 43,900 shares, the days-to-cover ratio is presently 0.1 days.

Emmaus Life Sciences Stock Down 9.5 %

OTCMKTS:EMMA traded down $0.00 during trading hours on Monday, hitting $0.02. 11,093 shares of the company’s stock traded hands, compared to its average volume of 46,039. Emmaus Life Sciences has a 52 week low of $0.00 and a 52 week high of $0.12. The business’s fifty day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02. The firm has a market cap of $1.09 million, a P/E ratio of -0.19 and a beta of 6.47.

Emmaus Life Sciences Company Profile

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Emmaus Life Sciences, Inc, a commercial-stage biopharmaceutical company, discovers, develops, markets, and sells treatments and therapies primarily for rare and orphan diseases in the United States and internationally. The company's lead candidate is Endari, an L-glutamine oral powder to reduce the acute complications of sickle cell disease in adult and pediatric patients five years of age and older.

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