Carmell Co. (NASDAQ:CTCX) Short Interest Update

Carmell Co. (NASDAQ:CTCX) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 55,400 shares, a decrease of 5.5% from the August 15th total of 58,600 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 27,300 shares, the days-to-cover ratio is presently 2.0 days.

Carmell Stock Performance

CTCX stock opened at $0.39 on Friday. The business has a fifty day simple moving average of $0.89 and a 200-day simple moving average of $1.78. Carmell has a 52 week low of $0.37 and a 52 week high of $4.87.

Carmell (NASDAQ:CTCX) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.16) EPS for the quarter. The firm had revenue of $0.01 million during the quarter.

Institutional Trading of Carmell

An institutional investor recently bought a new position in Carmell stock. Hubbell Strickland Wealth Management LLC acquired a new stake in Carmell Co. (NASDAQ:CTCX) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,548 shares of the company’s stock, valued at approximately $32,000. Hubbell Strickland Wealth Management LLC owned about 0.07% of Carmell at the end of the most recent reporting period. Institutional investors and hedge funds own 24.22% of the company’s stock.

About Carmell

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.