As of May 16, 2018 Argenx SE – American Depositary Shares (NASDAQ:ARGX) Sellers Reduced Their Shorts By 20.15%

May 16, 2018 - By Patrick Harkless

Argenx SE – American Depositary Shares (NASDAQ:ARGX) had a decrease of its short interest by 20.15%. In May was published ARGX’s total 134,300 short interest by FINRA. That’s 20.15% down from 168,200 shares. 1 days will cost ARGX with 117,000 average volume to restore its previous position. Float short on Argenx SE – American Depositary Shares is 0.61%.

ARGX is reaching $92.51 during the last trading session, after decreased 0.98%.Currently argenx SE is after 0.00% change in last May 16, 2017. ARGX has also 110,913 shares volume. ARGX underperformed by 11.55% the S&P500.

argenx SE, a clinical-stage biopharmaceutical company, focuses on developing antibody therapies for the treatment of autoimmune diseases and cancer.The firm is worth $2.99 billion. The companyÂ’s lead clinical stage product candidates include ARGX-113, a product in Phase 2 clinical trials for the treatment of autoimmune diseases, including myasthenia gravis and immune thrombocytopenia; and ARGX-110, which is in Phase 1/2 clinical trials for the treatment of hematological cancers, such as T-cell lymphoma, acute myeloid leukemia, and myelodysplastic syndrome.Currently it has negative earnings. It is also developing ARGX-111 to treat solid tumors with MET amplification; ARGX-109 for the treatment of rheumatoid arthritis; ARGX-112 to treat skin inflammation; ARGX-115, a cancer immunotherapy-focused product candidate; and ARGX-116 for the treatment of dyslipidemia.

A couple more argenx SE (NASDAQ:ARGX) news were brought out by: Benzinga.com which released on May 11, 2018 “Benzinga’s Daily Biotech Pulse: FDA Panel Nod For Akcea, Synergy’s Revenue Miss, FDA Warns E-Liquid Makers Again”, also Globenewswire.com on April 24, 2018 brought out “argenx to present complete data from the Phase 2 proof-of-concept trial of efgartigimod (ARGX-113) in generalized …”, the next Globenewswire.com is “argenx reports first quarter 2018 financial results and provides business update” on May 09, 2018. Benzinga.com has article titled “The Week Ahead In Biotech: PDUFA Dates, IPOs And More”.

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