Aethlon Medical vaults higher with volume

Aethlon Medical

22/09/2021 16:38

** Shares of medical device company Aethlon Medical Inc
 AEMD.O  up 31.1% at $4.98 in active trading with no new
disclosures from  the company 
    **  Stock rose as high as $5.99, its highest level since
July 23. Stock still well below 2021 peak of $12.49 hit on June
9
    ** About 72 mln shares changed hands making it the second
most actively traded stock on U.S. exchanges about 2 hours into
the session, marking its highest level for daily trading volume
since June 9 when 253.6 mln shares changed hands in the full
session
    ** In comparison AEMD only has 15.4 mln shares outstanding,
according to Refinitiv
    ** Only 150 of the company's shares, or 0.97% of its float,
are sold short, according to S3 Partners which said Wednesday's
"volatility is all long buying & selling driven"
    ** Co representative declined to comment except to confirm
that they had not released any news and had no knowledge of any
new analyst reports to point to as catalysts

 (Reporting By Sinéad Carew)
 ((sinead.carew@thomsonreuters.com; +1 (646) 223 6186; Reuters
Messaging: sinead.carew.thomsonreuters.com@reuters.net))