Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) Short Interest Up 387.7% in July

Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 17,416 shares, a growth of 387.7% from the July 15th total of 3,571 shares. Currently, 1.9% of the company’s shares are short sold. Based on an average daily volume of 77,992 shares, the days-to-cover ratio is presently 0.2 days.

Cuprina Holdings (Cayman) Stock Performance

NASDAQ CUPR remained flat at $2.98 on Wednesday. The company’s stock had a trading volume of 83,315 shares, compared to its average volume of 1,383,844. The business has a 50 day simple moving average of $4.10. Cuprina Holdings has a 1-year low of $1.76 and a 1-year high of $76.00. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.07.

Analyst Ratings Changes

Separately, Weiss Ratings raised Cuprina Holdings (Cayman) from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

About Cuprina Holdings (Cayman)

We are a Singapore-based biomedical and biotechnology company that is dedicated to the development and commercialization of innovative products for the management of chronic wounds, as well as operating in the health and beauty sectors. Our expertise in biomedical research allows us to identify and utilize materials derived from natural sources to develop wound care products in the form of medical devices which meet international standards. We believe we will be able to build upon and leverage such expertise to develop innovative cosmeceutical products in the future.