12.14% Less Vical Incorporated (NASDAQ:VICL) Shorted Shares

June 27, 2018 - By Amber Marburger

Vical Incorporated (NASDAQ:VICL) Corporate Logo

It was recorded a decrease on Vical Incorporated (NASDAQ:VICL)’s shorted shares with 12.14%. In June was issued 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 previous position. Vical Incorporated float short is 2.71%.

VICL reached $1.25 during the last trading session after $0.01 change.Vical Incorporated has volume of 16,719 shares. Since June 27, 2017 VICL has declined 29.24% and is downtrending. VICL 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 company has $27.16 million market cap. 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.Currently it has 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 announced by: Seekingalpha.com which released on June 11, 2018 “Vical’s HSV-2 vaccine flunks mid-stage study”, also Streetinsider.com on June 19, 2018 announced “UPDATE: Vical (VICL) PT Lowered to $3.50 at HC Wainwright”, the next Seekingalpha.com is “Vical: No Compelling Reason To Buy” on June 12, 2018. Nasdaq.com has article titled “Mid-Afternoon Market Update: Dow Rises 80 Points; Nano Dimension Shares Spike Higher”.

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