NEXGEL, Inc. (NASDAQ:NXGLW) Short Interest Update

NEXGEL, Inc. (NASDAQ:NXGLW) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 783 shares, an increase of 135.1% from the April 15th total of 333 shares. Based on an average trading volume of 4,827 shares, the short-interest ratio is presently 0.2 days.

NEXGEL Stock Performance

NXGLW traded down $0.00 during midday trading on Friday, reaching $0.05. 200 shares of the company’s stock were exchanged, compared to its average volume of 10,319. The business’s 50-day moving average price is $0.06 and its 200 day moving average price is $0.15. NEXGEL has a 1-year low of $0.04 and a 1-year high of $0.44.

NEXGEL Company Profile

NEXGEL, Inc manufactures and sells high water content, electron beam cross-linked, and aqueous polymer hydrogels and gels for wound care, medical diagnostics, transdermal drug delivery, and cosmetics in the United States. It operates through two segments, Nexgel and CG labs. The company offers over-the-counter remedy solutions, such as blister and pain applications under the MedaGel brand; and beauty and cosmetic solutions, such as wrinkle and skin cream applications under the LumaGel Beauty brand name.