Short Interest in Bluejay Diagnostics, Inc. (NASDAQ:BJDX) Grows By 469.8%

Bluejay Diagnostics, Inc. (NASDAQ:BJDXGet Free Report) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 177,209 shares, a growth of 469.8% from the May 31st total of 31,099 shares. Based on an average trading volume of 6,889,317 shares, the short-interest ratio is presently 0.0 days. Currently, 18.2% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Bluejay Diagnostics in a report on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

View Our Latest Research Report on BJDX

Bluejay Diagnostics Trading Down 0.3%

Shares of Bluejay Diagnostics stock opened at $3.30 on Friday. The firm has a market capitalization of $3.40 million, a PE ratio of -0.28 and a beta of 0.82. The firm’s 50 day moving average is $2.80 and its 200 day moving average is $2.69. Bluejay Diagnostics has a 1 year low of $1.62 and a 1 year high of $16.68.

Bluejay Diagnostics (NASDAQ:BJDXGet Free Report) last posted its earnings results on Thursday, May 7th. The company reported ($1.95) EPS for the quarter.

Institutional Investors Weigh In On Bluejay Diagnostics

An institutional investor recently bought a new stake in Bluejay Diagnostics stock. Armistice Capital LLC purchased a new position in shares of Bluejay Diagnostics, Inc. (NASDAQ:BJDXFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 65,000 shares of the company’s stock, valued at approximately $43,000. Armistice Capital LLC owned about 9.15% of Bluejay Diagnostics as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 18.47% of the company’s stock.

About Bluejay Diagnostics

(Get Free Report)

Bluejay Diagnostics, Inc (NASDAQ: BJDX) is a molecular diagnostics company focused on developing saliva-based tests for autoimmune and gastrointestinal conditions. The company’s lead diagnostic product is designed to detect tissue transglutaminase (tTG) antibodies in patient saliva samples, offering a noninvasive, point-of-care alternative to traditional blood draws and endoscopic procedures.

Leveraging a proprietary immunoassay platform, Bluejay’s technology aims to streamline the detection and monitoring of celiac disease by providing rapid results outside of a conventional laboratory setting.

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