LPTN_chart.pngLpath, Inc. (OTC:LPTN) finished the last session at $1.08 after dropping down 6.09% during the day.

The total number of shares which changed hands yesterday exceeded 394 thousand shares. The registered volume was four times higher than the daily average.

At the same time, the data published by FINRA showed that more than 145 thousand shares were exchanged in short translations. In this regard, the short volume generated yesterday was 37% of the total volume.

At the beginning of the month, LPTN announced that the scientific team at Lipid Signaling had recognized the LPTN_logo.jpgvalue of identification and development of new regulating mechanisms involving lipid signaling molecules and modifiers.

However, the announcement didn’t stimulate enough the stock price and LPTN continued to slide down. Since the beginning of the month, LPTN has dropped down from $1.15 to $1.08.