Xenetic Biosciences Inc (NASDAQ:XBIO) Sellers Strengthened By 500% Their Shorts

June 29, 2018 - By Alice Fox

Xenetic Biosciences, Inc. (NASDAQ:XBIO) Corporate Logo

It was showed an increase on Xenetic Biosciences Inc (NASDAQ:XBIO)’s shares shorted with 500%. FINRA announced in June XBIO’s total 600 shares shorted. The 100 previous shares are up with 500%. With Average volume 8,500, XBIO’s former position will take 0 days to restore. Xenetic Biosciences Inc’s shares shorted float is 0.03%.

Ticker’s shares touched $3.9601 during the last trading session after 15.02% change.Currently Xenetic Biosciences, Inc. is downtrending after 48.99% change in last June 29, 2017. XBIO has also 210,799 shares volume. The stock underperformed the S&P 500 by 61.56%.

Xenetic Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on the discovery, research, and development of biologic drugs and orphan oncology therapeutics.The firm is valued at $34.52 million. The Company’s lead proprietary technology is PolyXen, a platform technology for biologic drug delivery.Currently it has negative earnings. The companyÂ’s lead drug candidate is XBIO-101, a small-molecule immunomodulator and interferon inducer for the treatment of progesterone receptor negative endometrial cancer and triple negative breast cancer.

For more Xenetic Biosciences, Inc. (NASDAQ:XBIO) news posted briefly go to: Benzinga.com, Nasdaq.com, Benzinga.com, Benzinga.com or Benzinga.com. The titles are as follows: “36 Stocks Moving In Monday’s Mid-Day Session” posted on June 25, 2018, “Mid-Morning Market Update: Markets Open Lower; Kroger Earnings Beat Expectations” on June 21, 2018, “26 Stocks Moving In Tuesday’s Pre-Market Session” with a publish date: June 26, 2018, “24 Stocks Moving In Friday’s Pre-Market Session” and the last “40 Stocks Moving In Tuesday’s Mid-Day Session” with publication date: June 26, 2018.

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