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Ibio Inc (IBIO) Sees Significant Increase in Short Interest

Ibio Inc (NYSEAMERICAN:IBIO) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 438,334 shares, an increase of 6.0% from the February 15th total of 413,491 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average daily trading volume, of 173,447 shares, the days-to-cover ratio is currently 2.5 days.

Shares of NYSEAMERICAN:IBIO opened at $0.75 on Wednesday. Ibio has a 52-week low of $0.50 and a 52-week high of $2.80.

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About Ibio

iBio, Inc, a biotechnology company, provides product development and manufacturing services to clients, collaborators, and third-party customers in the United States and internationally. The company's services cover the stages of product selection, regulatory approval, and commercial product launch.

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