How Analysts Feel About SPOTLIGHT INNOVATION (OTCMKTS:STLT) After Increase in Sellers?

January 7, 2018 - By Michael Collier

The stock of SPOTLIGHT INNOVATION (OTCMKTS:STLT) registered an increase of 275% in short interest. STLT’s total short interest was 1,500 shares in January as published by FINRA. Its up 275% from 400 shares, reported previously.

The stock decreased 14.40% or $0.03 during the last trading session, reaching $0.16. About 23,465 shares traded. Spotlight Innovation Inc. (OTCMKTS:STLT) has 0.00% since January 7, 2017 and is . It has underperformed by 16.70% the S&P500.

Spotlight Innovation Inc., a pharmaceutical company, acquires and develops proprietary therapies to address unmet medical needs with an emphasis on rare, emerging, and neglected diseases. The company has market cap of $5.49 million. It identifies in-licensing opportunities and manages product development through partnerships with universities, medical schools, contract research organizations , and contract manufacturing organizations (CMOs), as well as pursues product commercialization opportunities, including out-licensing and strategic partnerships. It currently has negative earnings. The firm is developing Crotoxin, which is in Phase I clinical study for the treatment of cancer.

More notable recent Spotlight Innovation Inc. (OTCMKTS:STLT) news were published by: Prnewswire.com which released: “Spotlight Innovation Subsidiary Caretta Therapeutics Engages Public Relations …” on July 11, 2017, also Prnewswire.com with their article: “Spotlight Innovation Inc. Issues Statement About Recent Stock Trading Activity” published on June 21, 2017, Prnewswire.com published: “Spotlight Innovation Appoints John Krohn President and Chief Operating Officer” on January 10, 2017. More interesting news about Spotlight Innovation Inc. (OTCMKTS:STLT) were released by: Prnewswire.com and their article: “Spotlight Innovation Launches Development of STL-182 to Treat Spinal Muscular …” published on October 19, 2016 as well as Prnewswire.com‘s news article titled: “Spotlight Innovation Makes Strategic Investment in Solx, Inc.” with publication date: November 30, 2016.

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