Pioneer Municipal High Income Advantage Trust (MAV) At $10.71 Forms Bottom; Novan (NOVN) Shorts Down By 14.14%

Novan Inc (NASDAQ:NOVN) had a decrease of 14.14% in short interest. NOVN’s SI was 196,200 shares in April as released by FINRA. Its down 14.14% from 228,500 shares previously. With 72,600 avg volume, 3 days are for Novan Inc (NASDAQ:NOVN)’s short sellers to cover NOVN’s short positions. The SI to Novan Inc’s float is 2.09%. The stock decreased 0.32% or $0.01 during the last trading session, reaching $3.12. About 28,034 shares traded. Novan, Inc. (NASDAQ:NOVN) has declined 51.64% since April 22, 2017 and is downtrending. It has underperformed by 63.19% the S&P500.

Pioneer Municipal High Income Advantage Trust (MAV) formed multiple bottom with $10.28 target or 4.00% below today’s $10.71 share price. Pioneer Municipal High Income Advantage Trust (MAV) has $255.85 million valuation. The stock decreased 0.28% or $0.03 during the last trading session, reaching $10.71. About 71,371 shares traded. Pioneer Municipal High Income Advantage Trust (NYSE:MAV) has declined 2.74% since April 22, 2017 and is downtrending. It has underperformed by 14.29% the S&P500.

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.58, from 1.73 in 2017Q3. It fall, as 4 investors sold Pioneer Municipal High Income Advantage Trust shares while 9 reduced holdings. 8 funds opened positions while 7 raised stakes. 2.15 million shares or 0.41% more from 2.14 million shares in 2017Q3 were reported. Financial Architects holds 1,015 shares. Northwestern Mutual Wealth has invested 0% in Pioneer Municipal High Income Advantage Trust (NYSE:MAV). Evercore Wealth Mngmt Ltd Liability Company invested in 0% or 3,825 shares. Guggenheim Cap Ltd Llc has invested 0% in Pioneer Municipal High Income Advantage Trust (NYSE:MAV). City Of London Management accumulated 272,095 shares. Cambridge Invest Advisors owns 20,474 shares for 0% of their portfolio. Thomas J Herzfeld Advsrs reported 0.02% stake. Cliftonlarsonallen Wealth Advsr Ltd Limited Liability Company stated it has 27,265 shares. The Michigan-based Robinson Capital Mngmt Limited Co has invested 0.82% in Pioneer Municipal High Income Advantage Trust (NYSE:MAV). Moreover, Cap Advisors Limited Liability Company has 0.06% invested in Pioneer Municipal High Income Advantage Trust (NYSE:MAV). Stratos Wealth Prns has invested 0.01% in Pioneer Municipal High Income Advantage Trust (NYSE:MAV). 397,357 were reported by Laurion Cap L P. Susquehanna Int Grp Limited Liability Partnership reported 0% of its portfolio in Pioneer Municipal High Income Advantage Trust (NYSE:MAV). Royal Bancorporation Of Canada has 0% invested in Pioneer Municipal High Income Advantage Trust (NYSE:MAV) for 2,438 shares. Moreover, Raymond James Advsrs Inc has 0.01% invested in Pioneer Municipal High Income Advantage Trust (NYSE:MAV).

Novan, Inc., a clinical-stage drug development company, focuses on the development and commercialization of nitric oxide therapies in dermatology. The company has market cap of $81.24 million. The Company’s lead product candidate is SB204, a cosmetically elegant topical gel that targets multiple mechanisms of action for the treatment of acne vulgaris. It currently has negative earnings. The companyÂ’s product candidates also include SB206, SB208, and SB414, which are targeted toward the treatment of either a specific microorganism or inflammatory components of disease pathology.

Among 2 analysts covering Novan (NASDAQ:NOVN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Novan had 2 analyst reports since October 17, 2016 according to SRatingsIntel. The firm has “Mkt Outperform” rating by JMP Securities given on Monday, October 17. Piper Jaffray initiated the shares of NOVN in report on Monday, October 17 with “Overweight” rating.