PureTech Health plc (OTCMKTS:PTCHF) Sees Large Increase in Short Interest

PureTech Health plc (OTCMKTS:PTCHF) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 18,200 shares, a growth of 116.7% from the September 15th total of 8,400 shares. Based on an average daily volume of 51,800 shares, the days-to-cover ratio is presently 0.4 days.

PTCHF stock traded up $0.20 during midday trading on Thursday, reaching $4.80. The company’s stock had a trading volume of 2,008 shares, compared to its average volume of 13,603. PureTech Health has a 52 week low of $3.13 and a 52 week high of $6.04. The business’s 50-day simple moving average is $4.78 and its 200-day simple moving average is $5.06.

PureTech Health Company Profile

PureTech Health Plc engages in the provision of differentiated medicines for devastating diseases, including inflammatory, fibrotic and immunological conditions, intractable cancers, lymphatic and gastrointestinal diseases and neurological and neuropsychological disorders. It operates through the following segments: Internal, Controlled Founded Entities, Non-Controlled Founded Entities, and Parent Company and Others.

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