NexGel, Inc. (NASDAQ:NXGL) Short Interest Up 175.8% in April

Posted by on May 16th, 2026

NexGel, Inc. (NASDAQ:NXGL – Get Free Report) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 335,976 shares, an increase of 175.8% from the April 15th total of 121,810 shares. Based on an average trading volume of 543,697 shares, the days-to-cover ratio is presently 0.6 days. Currently, 4.8% of the shares of the stock are short sold.

Hedge Funds Weigh In On NexGel

Several hedge funds have recently bought and sold shares of NXGL. Dimensional Fund Advisors LP bought a new position in NexGel in the 3rd quarter valued at $26,000. Jane Street Group LLC bought a new position in NexGel in the 4th quarter valued at $47,000. Board of Trustees of The Leland Stanford Junior University bought a new position in NexGel in the 4th quarter valued at $52,000. Flaharty Asset Management LLC bought a new position in NexGel in the 3rd quarter valued at $59,000. Finally, Citadel Advisors LLC bought a new position in NexGel in the 3rd quarter valued at $67,000. Institutional investors own 2.21% of the company’s stock.

NexGel Trading Down 5.9%

NASDAQ:NXGL traded down $0.03 during mid-day trading on Friday, hitting $0.51. 130,099 shares of the stock traded hands, compared to its average volume of 344,637. The stock has a market capitalization of $4.51 million, a price-to-earnings ratio of -1.27 and a beta of 0.74. NexGel has a 52 week low of $0.48 and a 52 week high of $2.89. The firm’s 50 day moving average is $0.69 and its two-hundred day moving average is $1.31. The company has a quick ratio of 0.75, a current ratio of 1.47 and a debt-to-equity ratio of 0.15.

NexGel (NASDAQ:NXGL – Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.04). The business had revenue of $2.65 million during the quarter, compared to the consensus estimate of $3.91 million. NexGel had a negative net margin of 28.54% and a negative return on equity of 62.14%.

Analyst Ratings Changes

A number of research firms have issued reports on NXGL. Maxim Group reduced their price objective on NexGel from $6.00 to $2.00 and set a “buy” rating on the stock in a research note on Thursday, March 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of NexGel in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $2.00.

Check Out Our Latest Stock Analysis on NexGel

About NexGel

(Get Free Report)

NexGel, Inc (NASDAQ: NXGL) is a development-stage materials science company focused on the research and commercialization of advanced polymer formulations tailored for additive manufacturing and 3D printing applications. Leveraging proprietary expertise in polymer chemistry, NexGel develops high-performance materials designed to meet rigorous mechanical, thermal, and chemical resistance requirements across diverse end markets.

The company’s product pipeline includes custom-engineered resins, powders and elastomeric systems optimized for a range of additive manufacturing processes, including selective laser sintering (SLS), stereolithography (SLA) and fused deposition modeling (FDM).

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