Argenx SE – American Depositary Shares (NASDAQ:ARGX) Shares Shorted Reduced By 20.15%

May 16, 2018 - By Susanne Funderburg

Argenx SE – American Depositary Shares (NASDAQ:ARGX) had a decrease of its short interest by 20.15%. In May was published ARGX’s total 134,300 short interest by FINRA. That’s 20.15% down from 168,200 shares. 1 days will cost ARGX with 117,000 average volume to recover its previous position. Float short on Argenx SE – American Depositary Shares is 0.61%.

ARGX is hitting $92.51 during the last trading session, after decreased 0.98%.Currently argenx SE is after 0.00% change in last May 16, 2017. ARGX has also 110,913 shares volume. The stock underperformed the S&P500 by 11.55%.

argenx SE, a clinical-stage biopharmaceutical company, focuses on developing antibody therapies for the treatment of autoimmune diseases and cancer.The firm is worth $2.99 billion. The companyÂ’s lead clinical stage product candidates include ARGX-113, a product in Phase 2 clinical trials for the treatment of autoimmune diseases, including myasthenia gravis and immune thrombocytopenia; and ARGX-110, which is in Phase 1/2 clinical trials for the treatment of hematological cancers, such as T-cell lymphoma, acute myeloid leukemia, and myelodysplastic syndrome.Last it reported negative earnings. It is also developing ARGX-111 to treat solid tumors with MET amplification; ARGX-109 for the treatment of rheumatoid arthritis; ARGX-112 to treat skin inflammation; ARGX-115, a cancer immunotherapy-focused product candidate; and ARGX-116 for the treatment of dyslipidemia.

A couple more argenx SE (NASDAQ:ARGX) news were announced by: Benzinga.com which released on May 11, 2018 “Benzinga’s Daily Biotech Pulse: FDA Panel Nod For Akcea, Synergy’s Revenue Miss, FDA Warns E-Liquid Makers Again”, also Globenewswire.com on May 09, 2018 announced “argenx reports first quarter 2018 financial results and provides business update”, the next Globenewswire.com is “argenx to present complete data from the Phase 2 proof-of-concept trial of efgartigimod (ARGX-113) in generalized …” on April 24, 2018. Benzinga.com has article titled “The Week Ahead In Biotech: PDUFA Dates, IPOs And More”.

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