Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) Short Interest Update

Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,089 shares, a drop of 90.3% from the August 15th total of 11,255 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 12,371 shares, the short-interest ratio is currently 0.1 days.

Cuprina Holdings (Cayman) Stock Up 3.8%

Shares of CUPR stock traded up $0.12 during trading hours on Friday, hitting $3.12. 8,875 shares of the company were exchanged, compared to its average volume of 1,222,075. Cuprina Holdings has a 52 week low of $1.76 and a 52 week high of $14.80. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.07. The business has a 50 day moving average of $3.48 and a two-hundred day moving average of $3.21.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Cuprina Holdings (Cayman) from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 26th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently 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.