Central Federal (CFBK) At $2.58 Forms Top; Novabay Pharmaceuticals (NYSEAMERICAN:NBY) Shorts Decreased By 5.84%

January 31, 2018 - By Martha Paddon

Central Federal Corporation (CFBK) formed multiple top with $2.73 target or 6.00% above today’s $2.58 share price. Central Federal Corporation (CFBK) has $59.73M valuation. The stock decreased 2.28% or $0.0601 during the last trading session, reaching $2.5799. About 18,415 shares traded. Central Federal Corporation (NASDAQ:CFBK) has risen 61.48% since January 31, 2017 and is uptrending. It has outperformed by 44.78% the S&P500.

Novabay Pharmaceuticals Incorporated (NYSEAMERICAN:NBY) had a decrease of 5.84% in short interest. NBY’s SI was 64,500 shares in January as released by FINRA. Its down 5.84% from 68,500 shares previously. With 4,700 avg volume, 14 days are for Novabay Pharmaceuticals Incorporated (NYSEAMERICAN:NBY)’s short sellers to cover NBY’s short positions. The SI to Novabay Pharmaceuticals Incorporated’s float is 1.28%. The stock increased 6.47% or $0.23 during the last trading session, reaching $3.7. About 15,632 shares traded or 20.17% up from the average. NovaBay Pharmaceuticals, Inc. (NYSEAMERICAN:NBY) has risen 7.90% since January 31, 2017 and is uptrending. It has underperformed by 8.80% the S&P500.

NovaBay Pharmaceuticals, Inc., a pharmaceutical company, develops, makes, and markets anti-infective products for the eye care market in the United States. The company has market cap of $56.92 million. The Company’s commercial products include the Neutrox family of products, Avenova for the eye care market; Aganocide compounds patented synthetic molecules with a range of spectrum of uses against bacteria, viruses, and fungi; Auriclosene Irrigation Solution for urology; CelleRx for the dermatology market; intelli-Case, a device for soft and rigid gas permeable contact lenses; and NeutroPhase for wound care. It currently has negative earnings. The firm has collaboration and license agreement with Virbac to develop its Auriclosene compounds for veterinary markets.