Serina Therapeutics, Inc. (NYSEAMERICAN:SER – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 145,548 shares, a decline of 34.7% from the July 30th total of 222,920 shares. Based on an average daily volume of 69,205 shares, the short-interest ratio is currently 2.1 days. Approximately 0.7% of the company’s shares are short sold.
Analyst Upgrades and Downgrades
Separately, BTIG Research assumed coverage on Serina Therapeutics in a research report on Wednesday, July 1st. They issued a “buy” rating and a $8.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $8.00.
Serina Therapeutics Stock Performance
Serina Therapeutics (NYSEAMERICAN:SER – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.55) earnings per share (EPS) for the quarter.
About Serina Therapeutics
Serina Therapeutics, Inc, a biotechnology company, develops drugs to treat neurological diseases and pain. Its lead product candidate is SER 252, a POZ conjugate for the treatment of Parkinson’s disease. The company also develops SER 227 for long-acting pain relief; SER 214 to treat Parkinson’s disease; and SER 228 for the treatment of epilepsy. In addition, it develops POZ technology in lipid nanoparticle delivered ribonucleic acid vaccines for infectious diseases. Serina Therapeutics, Inc was founded in 2006 and is based in Huntsville, Alabama.
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