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

NEXGEL, Inc. (NASDAQ:NXGLW) was the target of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 1,621 shares, a drop of 69.2% from the January 15th total of 5,271 shares. Based on an average trading volume of 1,910 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 1,910 shares, the short-interest ratio is currently 0.8 days.

NEXGEL Stock Performance

NASDAQ:NXGLW opened at $0.17 on Wednesday. The company has a fifty day moving average price of $0.19 and a 200 day moving average price of $0.26. NEXGEL has a one year low of $0.10 and a one year high of $1.33.

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.