Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) Sees Significant Increase in Short Interest

Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 3,524 shares, an increase of 223.6% from the August 31st total of 1,089 shares. Based on an average daily trading volume, of 81,503 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.4% of the shares of the company are short sold.

Cuprina Holdings (Cayman) Stock Performance

Shares of NASDAQ CUPR traded down $0.03 during mid-day trading on Friday, reaching $1.87. 7,083 shares of the company’s stock were exchanged, compared to its average volume of 140,843. Cuprina Holdings has a 52 week low of $1.45 and a 52 week high of $14.80. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.07. The firm has a 50-day moving average price of $2.89 and a two-hundred day moving average price of $3.15.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Cuprina Holdings (Cayman) from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Cuprina Holdings (Cayman) Company Profile

Cuprina Holdings (Cayman) Limited is a healthcare company focused on the development and commercialization of wound-care products. The company operates through subsidiaries and is associated with the Cuprina brand of medical products.

Cuprina’s business centers on wound-management solutions, including products designed to support the treatment and healing of wounds. Its offerings are based in part on medical-grade honey and other naturally derived ingredients used in wound-care applications.

The company has roots in Singapore and serves the healthcare market through activities that include product development, regulatory work, commercialization, and distribution.