Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) Shares Shorted: Short Interest Down 81.0% in October

Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) was the target of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 2,739 shares, a decrease of 81.0% from the October 15th total of 14,383 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 128,792 shares, the days-to-cover ratio is presently 0.0 days.

Cuprina Holdings (Cayman) Price Performance

Shares of NASDAQ:CUPR traded down $0.04 on Thursday, hitting $1.68. 12,159 shares of the company traded hands, compared to its average volume of 1,005,260. The stock has a 50 day simple moving average of $2.12 and a 200-day simple moving average of $2.96. Cuprina Holdings has a 52 week low of $1.45 and a 52 week high of $14.80.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of Cuprina Holdings (Cayman) from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, October 13th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Cuprina Holdings (Cayman) Company Profile

Cuprina Holdings (Cayman) Limited is a medical technology company focused on developing and commercializing products for wound care and tissue repair. The company’s business is centered on medical devices and biologically derived materials intended to support the management of wounds and related clinical applications. Cuprina serves the healthcare market through products designed for use by medical professionals in wound-treatment settings. Its offerings are associated with advanced wound-care applications, including products based on porcine-derived materials and other biological technologies.