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

NEXGEL, Inc. (NASDAQ:NXGLW – Get Free Report) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 1,743 shares, an increase of 1,294.4% from the June 15th total of 125 shares. Based on an average trading volume of 27,665 shares, the days-to-cover ratio is presently 0.1 days.

NEXGEL Stock Performance

Shares of NASDAQ:NXGLW traded up $0.00 during trading hours on Friday, hitting $0.03. 42,885 shares of the company’s stock traded hands, compared to its average volume of 14,812. NEXGEL has a 52 week low of $0.02 and a 52 week high of $0.35. The company’s fifty day simple moving average is $0.04 and its two-hundred day simple moving average is $0.10.

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NEXGEL Company Profile

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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.

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