So Now You Know The Story in May

ELITE PHARMACEUTICALS (OTCMKTS:ELTP) Shorted Shares Increased By 148.48%

Todd MillerMay 15, 2016

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The stock of ELITE PHARMACEUTICALS (OTCMKTS:ELTP) registered an increase of 148.48% in short interest. ELTP’s total short interest was 106,100 shares in May as published by FINRA. Its up 148.48% from 42,700 shares, reported previously. With 704,700 shares average volume, it will take short sellers 0 days to cover their ELTP’s short positions. The stock increased 2.26% or $0.007 on May 13, hitting $0.317. About 912,846 shares traded hands or 29.98% up from the average. Elite Pharmaceuticals Inc (OTCMKTS:ELTP) has risen 45.45% since October 8, 2015 and is uptrending. It has outperformed by 43.81% the S&P500.
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