Elutia Inc. (NASDAQ:ELUT) Short Interest Update

Posted by on Jul 2nd, 2026

Elutia Inc. (NASDAQ:ELUT – Get Free Report) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 25,665 shares, a decline of 39.8% from the May 31st total of 42,627 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 112,225 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

ELUT has been the subject of several research reports. Wall Street Zen raised Elutia from a “sell” rating to a “hold” rating in a research note on Sunday, March 22nd. Weiss Ratings lowered Elutia from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $6.00.

Check Out Our Latest Research Report on Elutia

Institutional Investors Weigh In On Elutia

Several hedge funds have recently bought and sold shares of the business. Rossmore Private Capital boosted its position in Elutia by 140.0% during the 1st quarter. Rossmore Private Capital now owns 120,000 shares of the company’s stock worth $126,000 after acquiring an additional 70,000 shares during the period. AIGH Capital Management LLC increased its holdings in shares of Elutia by 17.2% in the 1st quarter. AIGH Capital Management LLC now owns 3,595,250 shares of the company’s stock valued at $3,775,000 after purchasing an additional 527,065 shares during the period. XTX Topco Ltd purchased a new stake in shares of Elutia in the fourth quarter worth approximately $71,000. Knollwood Investment Advisory LLC boosted its holdings in shares of Elutia by 147.8% during the fourth quarter. Knollwood Investment Advisory LLC now owns 2,556,724 shares of the company’s stock worth $1,771,000 after purchasing an additional 1,525,157 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in shares of Elutia by 64.7% during the fourth quarter. Renaissance Technologies LLC now owns 102,116 shares of the company’s stock worth $71,000 after purchasing an additional 40,123 shares during the period. 74.03% of the stock is owned by hedge funds and other institutional investors.

Elutia Price Performance

Elutia stock traded up $0.02 during midday trading on Thursday, reaching $0.97. The stock had a trading volume of 1,041 shares, compared to its average volume of 170,343. Elutia has a twelve month low of $0.50 and a twelve month high of $2.64. The firm has a market cap of $41.37 million, a price-to-earnings ratio of 1.12 and a beta of 0.85. The firm’s fifty day simple moving average is $1.04 and its two-hundred day simple moving average is $0.98.

Elutia (NASDAQ:ELUT – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.02). The business had revenue of $3.11 million for the quarter, compared to the consensus estimate of $3.00 million.

About Elutia

(Get Free Report)

Elutia, Inc is a biopharmaceutical company focused on the development of novel nitric oxide therapies based on its proprietary polymeric nitric oxide platform. This technology is designed to enable sustained, controlled release of nitric oxide to targeted tissues, potentially overcoming the delivery challenges associated with gaseous nitric oxide and small‐molecule donors.

The company’s lead program is in preclinical development for pulmonary arterial hypertension, with additional research efforts aimed at other cardiovascular and respiratory conditions.

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