What's Going On With PainReform (PRFX) Stock?

PainReform Ltd. PRFX shares exploded Tuesday on unusually-high volume.

What To Know: According to data from Benzinga Pro, the low-float stock experienced above-average trading volume of 10.48 million shares compared to its average volume of 56,936 shares. PainReform has short interest of 8.77%, which may have been a contributing factor for Tuesday's outsized move.

PRFX was among the top trending tickers on Stocktwits for most of the day and was halted multiple times on circuit breakers to the upside.

PainReform is a clinical stage, specialty pharmaceutical company with a primary focus on the reformulation of existing therapeutics.

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PRFX Price Action: Shares of PRFX closed up 307.4% at $16.50, according to Benzinga Pro. The stock was down nearly 8% after hours at last check.

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