Bionomics Limited (NASDAQ:BNOX – Get Rating) was the recipient of a large growth in short interest during the month of December. As of December 30th, there was short interest totalling 1,000 shares, a growth of 150.0% from the December 15th total of 400 shares. Based on an average trading volume of 6,300 shares, the days-to-cover ratio is currently 0.2 days.

Bionomics Stock Performance

Shares of BNOX stock traded down $0.22 during trading hours on Wednesday, reaching $4.13. 95 shares of the company's stock were exchanged, compared to its average volume of 3,657. The stock's 50 day moving average is $6.07 and its 200-day moving average is $7.02. Bionomics has a fifty-two week low of $3.51 and a fifty-two week high of $12.99.

Analysts Set New Price Targets

BNOX has been the topic of a number of research reports. HC Wainwright lowered shares of Bionomics from a "buy" rating to a "neutral" rating in a research report on Monday, December 19th. Loop Capital assumed coverage on shares of Bionomics in a research note on Tuesday, November 1st. They issued a "buy" rating and a $23.00 price objective for the company. Finally, Evercore ISI restated an "in-line" rating and set a $6.00 price objective (down from $17.00) on shares of Bionomics in a research note on Tuesday, December 20th.

About Bionomics

Bionomics Limited, a clinical stage biopharmaceutical company, discovers and develops novel drug candidates for the treatment of central nervous system disorders and cancers. The company's lead drug candidate includes BNC210, a negative allosteric modulator of the a7 nicotinic acetylcholine receptor, which is in phase 2 clinical trial for the treatment of social anxiety disorder and phase 2b to treat post-traumatic stress disorder.

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