Celularity Inc. (NASDAQ:CELU) Short Interest Up 7.1% in December

Celularity Inc. (NASDAQ:CELU) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 395,600 shares, a growth of 7.1% from the December 15th total of 369,300 shares. Currently, 4.2% of the shares of the stock are short sold. Based on an average daily volume of 1,080,000 shares, the short-interest ratio is presently 0.4 days.

Celularity Trading Up 4.5 %

Shares of CELU stock traded up $0.10 on Monday, hitting $2.30. 62,264 shares of the stock traded hands, compared to its average volume of 83,368. Celularity has a twelve month low of $1.30 and a twelve month high of $7.97. The firm’s 50-day moving average price is $2.38 and its two-hundred day moving average price is $2.61.

About Celularity

Celularity Inc, a clinical-stage biotechnology company, develops off-the-shelf placental-derived allogeneic cell therapies for the treatment of cancer, immune, and infectious diseases. It operates through three segments: Cell Therapy, Degenerative Disease, and BioBanking. The company's lead therapeutic programs include CYCART-19, an allogeneic CAR-T cell for the treatment of non-Hodkin's lymphoma (NHL) and mantle cell lymphoma (MCL); CYNK-001, an allogeneic unmodified natural killer cell that is in Phase I/II clinical trial for the treatment of acute myeloid leukemia (AML); and APPL-001, a genetically modified placental-derived mesenchymal-like adherent stromal cell for the treatment of Crohn's disease.