Shares of Auris Medical Holding AG (NASDAQ:EARS) traded up 7.7% during mid-day trading on Friday . The company traded as high as $0.44 and last traded at $0.42. 1,071,609 shares were traded during trading, an increase of 122% from the average session volume of 482,252 shares. The stock had previously closed at $0.39.

Separately, Zacks Investment Research downgraded shares of Auris Medical from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th.

The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of -14.04.

A hedge fund recently bought a new stake in Auris Medical stock. Virtu KCG Holdings LLC bought a new stake in Auris Medical Holding AG (NASDAQ:EARS) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 141,507 shares of the biotechnology company’s stock, valued at approximately $101,000. Virtu KCG Holdings LLC owned about 0.32% of Auris Medical as of its most recent SEC filing. 26.46% of the stock is owned by institutional investors and hedge funds.

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About Auris Medical

Auris Medical Holding AG is a holding and clinical-stage biopharmaceutical company focused on the development of products for the treatment of inner ear disorders. Its advanced product candidate, AM-101, is in Phase III clinical development for acute inner ear tinnitus under a special protocol assessment (SPA) from the United States Food and Drug Administration.

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