223.81% More Valeritas Holdings Inc (NASDAQ:VLRX) Shares Shorted

May 3, 2018 - By Alice Fox

Valeritas Holdings Inc (NASDAQ:VLRX) had an increase of its short interest by 223.81%. It was announced in May by FINRA the 13,600 short interest on VLRX. The 4,200 previous shares are up with 223.81%. With Average volume 9,200, VLRX’s previous position will take 2 days to restore. Float short on Valeritas Holdings Inc is 0.57%.

VLRX is hitting $1.69 during the last trading session, after decreased 2.87%.Valeritas Holdings, Inc. has volume of 206,948 shares. Since May 3, 2017 VLRX has 0.00% and is . VLRX underperformed the S&P 500 by 11.55%.

Valeritas Holdings, Inc., a commercial-stage medical technology company, focuses on developing technologies to treat patients with Type 2 diabetes.The firm is valued at $11.84 million. It offers V-Go, a disposable insulin delivery device for basal-bolus therapy.Last it reported negative earnings. The firm also develops h-Patch, a controlled delivery technology platform; Mini-Ject, a disposable needle-free injection system that delivers drugs ranging from small molecules to large proteins, as well as antibodies and vaccines; and Micro-Trans microneedle array patch technology to deliver drugs into the dermis layer of the skin.

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