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Nicox S.A., a French eye drug firm, saw a dramatic 98.8% drop in short interest this March.
French ophthalmology company Nicox S.A. saw its short interest drop by 98.8% in March, from 48,900 shares to 600 shares as of March 15th.
The company's stock, trading at $0.25, is below its 50-day moving average of $0.25 and 200-day average of $0.31.
Nicox's main product, NCX 470, is in Phase 3 trials to lower intraocular pressure for glaucoma or ocular hypertension.
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Nicox S.A., una firma francesa de drogas para los ojos, vio una caída dramática del 98,8% en interés corto en marzo.