Carmell Co. (NASDAQ:CTCX) Sees Large Growth in Short Interest

Carmell Co. (NASDAQ:CTCX) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 827,600 shares, a growth of 688.2% from the December 31st total of 105,000 shares. Based on an average daily trading volume, of 10,930,000 shares, the short-interest ratio is currently 0.1 days. Currently, 6.1% of the shares of the stock are short sold.

Carmell Stock Down 3.0 %

NASDAQ:CTCX opened at $0.46 on Thursday. Carmell has a twelve month low of $0.20 and a twelve month high of $4.00. The stock’s 50-day simple moving average is $0.36 and its 200 day simple moving average is $0.52.

Carmell Company Profile

Carmell Corporation operates as a bio-aesthetics company. The company utilizes Carmell Secretome to support skin and hair health. Its Carmell Secretome consists of growth factors and proteins extracted from allogeneic human platelets sourced from tissue banks. The company also developed a microemulsion formulation that enables delivery of lipophilic and hydrophilic ingredients without relying on the Foul Fourteen, 14 potentially harmful excipients that are commonly used by other companies to impart texture, stability, and other desirable physicochemical attributes to cosmetic products.