Rafael Holdings, Inc. (NYSE:RFL) Short Interest Update

Rafael Holdings, Inc. (NYSE:RFL) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 55,181 shares, an increase of 43.5% from the February 12th total of 38,452 shares. Based on an average trading volume of 54,408 shares, the short-interest ratio is currently 1.0 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 54,408 shares, the short-interest ratio is currently 1.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Rafael in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of RFL. Simplex Trading LLC acquired a new stake in shares of Rafael in the 2nd quarter valued at $32,000. Marshall Wace LLP acquired a new position in Rafael during the second quarter worth $50,000. Citadel Advisors LLC increased its position in Rafael by 132.3% during the third quarter. Citadel Advisors LLC now owns 72,584 shares of the company’s stock worth $99,000 after buying an additional 41,335 shares during the last quarter. Geode Capital Management LLC raised its holdings in Rafael by 72.9% during the second quarter. Geode Capital Management LLC now owns 451,139 shares of the company’s stock valued at $781,000 after buying an additional 190,179 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Rafael by 10.5% during the third quarter. Vanguard Group Inc. now owns 1,394,726 shares of the company’s stock valued at $1,897,000 after buying an additional 133,024 shares in the last quarter. Institutional investors own 11.30% of the company’s stock.

Rafael Stock Performance

NYSE:RFL opened at $1.31 on Monday. The company has a market capitalization of $67.56 million, a P/E ratio of -1.54 and a beta of 0.58. The stock’s 50 day moving average price is $1.28 and its 200 day moving average price is $1.31. Rafael has a 52 week low of $1.12 and a 52 week high of $3.19.

Rafael Company Profile

Rafael Holdings, Inc primarily engages in holding interests in clinical and early-stage pharmaceutical companies, and commercial real estate assets in the United States and Israel. It operates in two segments, Healthcare and Real Estate. The company engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells. Its lead drug candidate is CPI-613 (devimistat), currently under Phase III clinical study for the treatment of metastatic pancreatic cancer and acute myeloid leukemia.