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

NEXGEL, Inc. (NASDAQ:NXGLW) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 3,370 shares, a growth of 93.3% from the June 30th total of 1,743 shares. Based on an average daily volume of 7,728 shares, the days-to-cover ratio is presently 0.4 days.

NEXGEL Trading Up 5.9%

NASDAQ:NXGLW opened at $0.02 on Thursday. The firm’s fifty day moving average price is $0.04 and its 200 day moving average price is $0.08. NEXGEL has a 1-year low of $0.01 and a 1-year high of $0.35.

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.