Oncolytics Biotech Inc. (ONCY) has pulled back after setting a 52-week high at $4.93 back in early February. Shares are currently trading at $2.97 after reporting promising results last week. In this short post, I just wanted to highlight that short interest in the company in nearing all time highs around 7 million. For more information on ONCY please see my article 5 Biotech Stocks To Watch Under $5.
Disclosure: I am long ONCY.