Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) Short Interest Up 387.7% in July

Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 17,416 shares, an increase of 387.7% from the July 15th total of 3,571 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average daily volume of 77,992 shares, the short-interest ratio is presently 0.2 days.

Cuprina Holdings (Cayman) Stock Up 3.0%

CUPR traded up $0.09 during trading on Thursday, reaching $3.09. The stock had a trading volume of 16,402 shares, compared to its average volume of 1,375,018. The firm’s 50-day moving average is $4.11. Cuprina Holdings has a one year low of $1.76 and a one year high of $76.00. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.07.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Cuprina Holdings (Cayman) from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

About Cuprina Holdings (Cayman)

We are a Singapore-based biomedical and biotechnology company that is dedicated to the development and commercialization of innovative products for the management of chronic wounds, as well as operating in the health and beauty sectors. Our expertise in biomedical research allows us to identify and utilize materials derived from natural sources to develop wound care products in the form of medical devices which meet international standards. We believe we will be able to build upon and leverage such expertise to develop innovative cosmeceutical products in the future.