Vical Incorporated (NASDAQ:VICL) Sellers Reduced Their Shorts By 12.14% As Of Jun 27, 2018

June 27, 2018 - By Rebecca Betts

Vical Incorporated (NASDAQ:VICL) Corporate Logo

It was reported a decrease on Vical Incorporated (NASDAQ:VICL)’s shorted shares with 12.14%. In June was announced VICL’s total 214,900 shorted shares by FINRA. The down change of 12.14% from 244,600 shares was reported. 4 days will cost VICL with 60,800 average volume to recover its former position. Vical Incorporated float short is 2.71%.

VICL is touching $1.25 during the last trading session, after decreased 1.19%.Vical Incorporated has volume of 16,719 shares. Since June 27, 2017 VICL has declined 29.24% and is downtrending. The stock underperformed the S&P500 by 41.81%.

Vical Incorporated engages in the research and development of biopharmaceutical products based on its DNA delivery technologies for the prevention and treatment of serious or life-threatening diseases.The firm is valued at $27.16 million. It is developing various DNA vaccines and other therapeutics, such as VCL-HB01 therapeutic vaccine for herpes simplex virus-2 that is in Phase II clinical trial to prevent and protect against lesion recurrence; VL-2397 antifungal program, which is in Phase I clinical trial for the treatment of invasive fungal infections; and CyMVectin prophylactic vaccine for CMV that is in preclinical stage for the prevention of fetal transmission during pregnancy.Last it reported negative earnings. The firm also engages in contract manufacturing of plasmid investigational products for various clients.

A couple more Vical Incorporated (NASDAQ:VICL) news were released by: Seekingalpha.com which released on June 12, 2018 “Vical: No Compelling Reason To Buy”, also Streetinsider.com on June 19, 2018 released “UPDATE: Vical (VICL) PT Lowered to $3.50 at HC Wainwright”, the next Nasdaq.com is “Mid-Afternoon Market Update: Dow Rises 80 Points; Nano Dimension Shares Spike Higher” on June 11, 2018. Seekingalpha.com has article titled “Vical’s HSV-2 vaccine flunks mid-stage study”.

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