GeneDx Holdings Corp. (NASDAQ:WGSWW) Sees Large Growth in Short Interest

GeneDx Holdings Corp. (NASDAQ:WGSWW) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 4,020 shares, an increase of 30.7% from the November 30th total of 3,075 shares. Based on an average daily volume of 41,117 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 41,117 shares, the days-to-cover ratio is presently 0.1 days.

GeneDx Stock Down 4.4%

Shares of NASDAQ WGSWW opened at $0.05 on Tuesday. The company has a 50 day simple moving average of $0.07 and a two-hundred day simple moving average of $0.07. GeneDx has a fifty-two week low of $0.03 and a fifty-two week high of $0.34.

GeneDx (NASDAQ:WGSWW) last posted its quarterly earnings results on Tuesday, May 9th. The company reported ($8.43) earnings per share for the quarter. The company had revenue of $90.10 million during the quarter.

GeneDx Company Profile

GeneDx is a molecular diagnostics company specializing in high-complexity genetic testing for rare and ultra-rare inherited disorders. The company leverages next-generation sequencing (NGS) technologies, including whole exome sequencing, targeted gene panels, and chromosomal microarray analysis, to deliver comprehensive diagnostic insights. Its services are designed to support clinicians in identifying genetic mutations that underlie pediatric and adult conditions, guiding patient management, treatment decisions, and genetic counseling.

Founded in 2000 by Dr.