MEDICURE INC ORDINARY SHARES CANADA (OTCMKTS:MCUJF) Stock Is Shorted More

May 10, 2018 - By Dolores Ford

The stock of MEDICURE INC ORDINARY SHARES CANADA (OTCMKTS:MCUJF) registered an increase of 26.67% in short interest. MCUJF’s total short interest was 5,700 shares in May as published by FINRA. Its up 26.67% from 4,500 shares, reported previously. With 3,900 shares average volume, it will take short sellers 2 days to cover their MCUJF’s short positions. The short interest to MEDICURE INC ORDINARY SHARES CANADA’s float is 0.06%.

The stock increased 0.43% or $0.02 during the last trading session, reaching $4.66. About 4,200 shares traded or 83.41% up from the average. Medicure Inc. (OTCMKTS:MCUJF) has 0.00% since May 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Medicure Inc., a specialty pharmaceutical company, engages in the research, clinical development, and commercialization of human therapeutics in Canada, the United States, Barbados, and India. The company has market cap of $73.22 million. The firm primarily markets and sells AGGRASTAT injection, a glycoprotein GP IIb/IIIa receptor antagonist for the treatment of acute coronary syndrome, including unstable angina and non-Q-wave myocardial infarction, as well as AGGRASTAT high-dose bolus regimen for the reduction of thrombotic cardiovascular events in patients with non-ST elevated acute coronary syndrome. It has a 6.71 P/E ratio. It is also developing TARDOXAL that is in Phase IIa clinical trials for the treatment of tardive dyskinesia/neurological indications.

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