Is HUMANIGEN INCORPORATED (OTCMKTS:HGEN)’s Fuel Running High? Reports Show Less Sellers

February 13, 2018 - By Louis Casey

The stock of HUMANIGEN INCORPORATED (OTCMKTS:HGEN) registered a decrease of 58.97% in short interest. HGEN’s total short interest was 3,200 shares in February as published by FINRA. Its down 58.97% from 7,800 shares, reported previously. With 7,600 shares average volume, it will take short sellers 0 days to cover their HGEN’s short positions.

The stock increased 5.08% or $0.03 during the last trading session, reaching $0.62. About 6,000 shares traded. Humanigen, Inc. (OTCMKTS:HGEN) has 0.00% since February 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Humanigen, Inc., a biopharmaceutical company, focuses on developing medicines for patients with neglected and rare diseases with focus on pediatric conditions in the United States. The company has market cap of $9.27 million. The companyÂ’s lead product candidate is benznidazole for the treatment of Chagas disease, a parasitic illness that can lead to long-term heart, intestinal, and neurological problems. It currently has negative earnings. It is also developing proprietary monoclonal antibodies, including lenzilumab, which is in Phase 1/2 clinical trial in patients with chronic myelomonocytic leukemia, and potentially for the treatment of juvenile myelomonocytic leukemia; and ifabotuzumab that has completed the Phase I dose escalation portion of a Phase I/II clinical trial in multiple hematologic malignancies.

More notable recent Humanigen, Inc. (OTCMKTS:HGEN) news were published by: Seekingalpha.com which released: “Comeback For KaloBios?” on March 28, 2016, also Seekingalpha.com with their article: “KaloBios: Worth A Buy Now?” published on November 19, 2015, Globenewswire.com published: “Humanigen Appoints Rainer Boehm, MD, to Board of Directors” on February 07, 2018. More interesting news about Humanigen, Inc. (OTCMKTS:HGEN) were released by: Globenewswire.com and their article: “Humanigen Signs Definitive Agreements to Exchange Loan Obligations for Equity” published on December 21, 2017 as well as Globenewswire.com‘s news article titled: “Humanigen CEO to Present at NobleCon14, BIO CEO Investor Conferences” with publication date: January 25, 2018.

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