ISTA Pharmaceuticals Pushing on Daily Highs

Shares of ISTA Pharmaceuticals ISTA are popping higher this afternoon and are testing the high of the day. Currently, shares are higher by 3.09%, trading at $8.00. ISTA Pharmaceuticals has been moving lower over the past two and a half months, but recently bounced around the 200-day moving average and are now trading above the 20-day moving average. Share volume is running at 250,000 shares; the 10-day daily average volume is 380,000 shares. Note that ISTA Pharmaceuticals has 3.45% short interest. ISTA Pharmaceuticals, Inc. is a commercial-stage, multi-specialty pharmaceutical company. It is engaged in developing, marketing and selling its own products in the United States and Puerto Rico. ISTA is a prescription eye care business in the United States and has an allergy drug franchise.