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PureTech Health plc (NASDAQ:PRTC) Short Interest Up 77.7% in December

PureTech Health logo with Medical background

PureTech Health plc (NASDAQ:PRTC - Get Free Report) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 35,900 shares, an increase of 77.7% from the December 15th total of 20,200 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 8.0 days.

PureTech Health Stock Performance

PureTech Health stock traded up $0.21 during trading on Wednesday, reaching $18.09. 9,526 shares of the company were exchanged, compared to its average volume of 3,181. PureTech Health has a 52-week low of $17.00 and a 52-week high of $34.00. The stock's 50 day simple moving average is $20.71 and its two-hundred day simple moving average is $21.16.

About PureTech Health

(Get Free Report)

PureTech Health plc, engages in the development and commercialization of biotechnology and pharmaceutical solutions in the United States. The company is developing LYT-100, which is under Phase 2 stage, to treat idiopathic pulmonary fibrosis (IPF); and LYT-200, a IgG4 monoclonal antibody, currently under Phase 1/2 stage, targeting galectin-9 for treating solid tumors and hematological malignancies.

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