Emmaus Life Sciences, Inc. (OTCMKTS:EMMA) Short Interest Up 30.6% in March

Emmaus Life Sciences, Inc. (OTCMKTS:EMMA) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 6,400 shares, an increase of 30.6% from the February 28th total of 4,900 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 43,900 shares, the days-to-cover ratio is presently 0.1 days.

Emmaus Life Sciences Price Performance

Shares of EMMA stock remained flat at $0.02 during mid-day trading on Wednesday. 93 shares of the stock were exchanged, compared to its average volume of 46,039. The stock has a market cap of $1.09 million, a price-to-earnings ratio of -0.19 and a beta of 6.47. Emmaus Life Sciences has a fifty-two week low of $0.00 and a fifty-two week high of $0.12. The firm’s 50-day moving average is $0.02 and its 200 day moving average is $0.02.

About Emmaus Life Sciences

Emmaus Life Sciences, Inc, a commercial-stage biopharmaceutical company, discovers, develops, markets, and sells treatments and therapies primarily for rare and orphan diseases in the United States and internationally. The company's lead candidate is Endari, an L-glutamine oral powder to reduce the acute complications of sickle cell disease in adult and pediatric patients five years of age and older.