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

NEXGEL, Inc. (NASDAQ:NXGLW) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 1,621 shares, a decrease of 69.2% from the January 15th total of 5,271 shares. Based on an average trading volume of 1,910 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 1,910 shares, the short-interest ratio is currently 0.8 days.

NEXGEL Price Performance

NASDAQ:NXGLW opened at $0.17 on Wednesday. NEXGEL has a twelve month low of $0.10 and a twelve month high of $1.33. The stock’s 50 day moving average price is $0.19 and its two-hundred day moving average price is $0.26.

About NEXGEL

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.