Carmell Co. (NASDAQ:CTCX) Short Interest Up 688.2% in January

Carmell Co. (NASDAQ:CTCX) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 827,600 shares, an increase of 688.2% from the December 31st total of 105,000 shares. Approximately 6.1% of the company’s stock are sold short. Based on an average trading volume of 10,930,000 shares, the days-to-cover ratio is currently 0.1 days.

Carmell Stock Up 8.0 %

Shares of CTCX opened at $0.47 on Wednesday. Carmell has a twelve month low of $0.20 and a twelve month high of $4.00. The company has a 50 day moving average of $0.36 and a 200-day moving average of $0.53.

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.