ZIOPHARM Oncology Inc. (ZIOP) Short Interest Up 3.7% in November
ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 35,256,656 shares, a growth of 3.7% from the November 15th total of 34,003,445 shares. Currently, 27.6% of the shares of the company are sold short. Based on an average daily trading volume, of 1,934,456 shares, the days-to-cover ratio is presently 18.2 days.
In other ZIOPHARM Oncology news, CEO Laurence James Neil Cooper purchased 6,440 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were bought at an average cost of $4.68 per share, for a total transaction of $30,139.20. Following the purchase, the chief executive officer now owns 1,083,731 shares of the company’s stock, valued at approximately $5,071,861.08. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 10.40% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of ZIOP. Chevy Chase Trust Holdings Inc. purchased a new stake in ZIOPHARM Oncology in the 3rd quarter worth approximately $104,000. Amalgamated Bank lifted its stake in ZIOPHARM Oncology by 12.9% in the 2nd quarter. Amalgamated Bank now owns 16,807 shares of the biotechnology company’s stock worth $105,000 after purchasing an additional 1,924 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in ZIOPHARM Oncology by 50.0% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 18,000 shares of the biotechnology company’s stock worth $112,000 after purchasing an additional 6,000 shares in the last quarter. BB&T Securities LLC purchased a new stake in ZIOPHARM Oncology in the 2nd quarter worth approximately $112,000. Finally, Adell Harriman & Carpenter Inc. purchased a new stake in ZIOPHARM Oncology in the 3rd quarter worth approximately $141,000. Institutional investors and hedge funds own 40.25% of the company’s stock.
Shares of ZIOPHARM Oncology (NASDAQ:ZIOP) opened at $4.44 on Thursday. ZIOPHARM Oncology has a 52 week low of $3.90 and a 52 week high of $7.88.
ZIOPHARM Oncology (NASDAQ:ZIOP) last posted its earnings results on Monday, November 6th. The biotechnology company reported ($0.13) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.13). The firm had revenue of $1.60 million during the quarter, compared to analysts’ expectations of $1.66 million. During the same quarter in the prior year, the company earned ($0.11) earnings per share. The business’s revenue for the quarter was up .0% compared to the same quarter last year. analysts anticipate that ZIOPHARM Oncology will post -0.54 earnings per share for the current fiscal year.
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About ZIOPHARM Oncology
ZIOPHARM Oncology, Inc is a biopharmaceutical company, which is seeking to develop, acquire and commercialize, on its own or with partners, a portfolio of cancer therapies that address unmet medical needs. The Company is focused on developing products in immuno-oncology that employ gene expression, control and cell technologies to deliver cell- and viral-based therapies for the treatment of cancer and graft-versus-host-disease.
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