Could Precipio Inc (NASDAQ:PRPO) Go Down After Its Newest Short Interest Report?

August 10, 2018 - By Mona Holcomb

The stock of Precipio Inc (NASDAQ:PRPO) registered a decrease of 8.35% in short interest. PRPO’s total short interest was 592,500 shares in August as published by FINRA. Its down 8.35% from 646,500 shares, reported previously. With 599,400 shares average volume, it will take short sellers 1 days to cover their PRPO’s short positions. The short interest to Precipio Inc’s float is 8.9%.

It closed at $0.428 lastly. It is down 93.08% since August 10, 2017 and is downtrending. It has underperformed by 105.65% the S&P500.

Precipio, Inc. provides diagnostic information to physicians and their patients worldwide. The company has market cap of $8.76 million. It has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment. It currently has negative earnings.

More recent Precipio, Inc. (NASDAQ:PRPO) news were published by: which released: “Mid-Morning Market Update: Markets Mixed; Morgan Stanley Beats Q2 Estimates” on July 18, 2018. Also published the news titled: “Precipio Appoints New Board Member to Replace Departing Director” on August 09, 2018.‘s news article titled: “Precipio Announces 213% Year-over-Year Revenue Growth in Preliminary Q2-2018 Results” with publication date: July 18, 2018 was also an interesting one.

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