Zogenix Inc (NASDAQ:ZGNX) Short Interest Increased By 1.5%

June 29, 2018 - By Alberta Moore

Zogenix, Inc. (NASDAQ:ZGNX) Corporate Logo

Zogenix Inc (NASDAQ:ZGNX) had an increase of its shares shorted by 1.5%. In June was issued ZGNX’s total 4.37 million shares shorted by FINRA. The up change of 1.5% from 4.31M shares was reported. Previous ZGNX’s position will need 10 days to recover. It has 461,100 average volume. Zogenix Inc’s shares shorted float is 15.63%.

Ticker’s shares touched $44.1 during the last trading session after 1.97% change.Zogenix, Inc. has volume of 402,807 shares. Since June 29, 2017 ZGNX has risen 225.58% and is uptrending. The stock outperformed the S&P 500 by 213.01%.

Zogenix, Inc., a pharmaceutical company, develops and commercializes therapies for the treatment of central nervous system disorders in the United States.The company has $1.55 billion market cap. The companyÂ’s lead product candidate is the ZX008, a low-dose fenfluramine, which is in Phase III clinical trials for the treatment of seizures associated with Dravet syndrome.Currently it has negative earnings. It also develops Relday, an injectable formulation of risperidone to treat the symptoms of schizophrenia and bipolar disorder in adults and teenagers with 13 years of age and older.

There’s an important Zogenix, Inc. (NASDAQ:ZGNX) news posted by Investorplace.com. It’s a report titled: “Here’s the Reason that GWPH Stock Tumbled Despite Regulatory Victory” on June 27, 2018.

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