Longevity Health Holdings, Inc. (NASDAQ:XAGE – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 40,300 shares, a growth of 358.0% from the August 31st total of 8,800 shares. Based on an average trading volume of 81,800 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 81,800 shares, the days-to-cover ratio is presently 0.5 days.
Hedge Funds Weigh In On Longevity Health
A hedge fund recently bought a new stake in Longevity Health stock. Bank of Montreal Can acquired a new stake in shares of Longevity Health Holdings, Inc. (NASDAQ:XAGE – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,000 shares of the company’s stock, valued at approximately $30,000. Bank of Montreal Can owned about 1.20% of Longevity Health as of its most recent SEC filing. 24.22% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised shares of Longevity Health from a “sell” rating to a “hold” rating in a report on Saturday, August 9th.
Longevity Health Trading Up 10.7%
Shares of NASDAQ:XAGE opened at $0.83 on Friday. The business has a 50-day moving average of $2.12. Longevity Health has a fifty-two week low of $0.57 and a fifty-two week high of $38.10.
Longevity Health (NASDAQ:XAGE – Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported ($1.56) earnings per share for the quarter. The company had revenue of $0.50 million for the quarter.
About Longevity Health
Carmell Therapeutics Corporation focuses on the development of plasma-based bioactive material (PBM) to stimulate tissue repair or growth after injury, disease, and aging. Its lead product candidate is CT-101 bone healing accelerant for tibia fracture healing, foot/ankle fusion, spinal fusion, dental bone graft substitute, and bone void filler; and tissue healing accelerant for androgenetic alopecia and chronic wound healing.
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