Shares of BENITEC BIOPHAR/S (NASDAQ:BNTC) shot up 0.5% during trading on Monday . The company traded as high as $0.85 and last traded at $0.85. 2,000 shares traded hands during trading, a decline of 85% from the average session volume of 12,997 shares. The stock had previously closed at $0.85.

The company’s 50 day simple moving average is $1.59.

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Benitec Biopharma Limited, a biotechnology company, develops treatments for chronic and life-threatening human diseases based on its gene silencing therapy, DNA-directed RNA interference (ddRNAi) in Australia and the United States. The company provides BB-301, a single administration ddRNAi-based gene therapy for the treatment of oculopharyngeal muscular dystrophy; BB-201, a ddRNAi-based therapy for the treatment of wet age-related macular degeneration; and BB-101 and BB-103 ddRNAi-based therapies for the treatment of human hepatitis B.

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