28.83% Less VG LIFE SCIENCES INC (OTCMKTS:VGLS) Shares Shorted

June 27, 2018 - By Lindsey Price

VG Life Sciences Inc. (OTCMKTS:VGLS) Corporate Logo

It was recorded a decrease on VG LIFE SCIENCES INC (OTCMKTS:VGLS)’s shares shorted with 28.83%. In June was issued VGLS’s total 31,600 shares shorted by FINRA. The down change of 28.83% from 44,400 shares was reported. 6 days will cost VGLS with 5,400 average volume to restore its former position.

$0.0074 was the last price.It’s since June 27, 2017 and is 0.00% up. The stock underperformed the S&P 500 by 12.57%.

VG Life Sciences Inc., a biotechnology company, researches and develops a pipeline of transformative therapies for combat cancer, infectious diseases, and autoimmune diseases caused by chronic inflammation.The company has $830,901 market cap. It offers VG1177, a solution that deploys a synthesized peptide, which uses its superior binding abilities to eliminate the unwanted Class II-associated invariant chain peptide that is displayed on specific B cells that leads to chronic inflammation.Currently it has negative earnings. The firm also provides metabolic disruption technology (MDT) compounds impede tumor cells that sensitize cancer cells to treatment by disrupting the metabolic strategies those cells use to survive; and Hydroxychloroquine, a MDT compound that can be used in combination with other cancer drugs for treating drug-resistant cancers.

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