Jaguar Animal Health, Inc. (JAGX) Sees Significant Increase in Short Interest
Jaguar Animal Health, Inc. (NASDAQ:JAGX) saw a large growth in short interest in August. As of August 15th, there was short interest totalling 2,176,922 shares, a growth of 46.6% from the July 31st total of 1,484,579 shares. Based on an average trading volume of 474,227 shares, the days-to-cover ratio is presently 4.6 days.
JAGX has been the subject of several analyst reports. HC Wainwright set a $2.00 target price on shares of Jaguar Animal Health and gave the stock a “buy” rating in a report on Tuesday, July 11th. Rodman & Renshaw initiated coverage on shares of Jaguar Animal Health in a report on Tuesday, July 11th. They issued a “buy” rating and a $2.00 target price for the company.
Shares of Jaguar Animal Health (NASDAQ:JAGX) opened at 0.397 on Friday. Jaguar Animal Health has a 12-month low of $0.34 and a 12-month high of $1.53. The company has a 50-day moving average of $0.53 and a 200 day moving average of $0.75. The stock’s market capitalization is $42.96 million.
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About Jaguar Animal Health
Jaguar Health, Inc, formerly Jaguar Animal Health, Inc, is a natural-products pharmaceuticals company. The Company is focused on developing and commercializing novel, sustainably derived gastrointestinal products for both human prescription use and animals on a global basis. The Company, through its subsidiary Napo Pharmaceuticals, Inc, is focused on developing and commercializing proprietary human gastrointestinal pharmaceuticals for the global marketplace from plants used traditionally in rainforest areas.
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