Perceptive Capital Solutions Corp. (NASDAQ:PCSC) Short Interest Update

Key Points

• Perceptive Capital Solutions Corp. experienced a significant decrease in short interest, dropping **50.0%** in September to a total of **1,100 shares**.
• Analyst ratings for the stock are predominantly negative, with a **"sell (d-)"** rating reaffirmed by Weiss Ratings, indicating a **consensus rating of "Sell."**
• Shares of Perceptive Capital Solutions remained stable at **$10.60**, with a fifty-two week range between **$10.02 and $10.74**.

Perceptive Capital Solutions Corp. (NASDAQ:PCSC - Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 1,100 shares, a decrease of 50.0% from the August 31st total of 2,200 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Perceptive Capital Solutions

A number of institutional investors have recently modified their holdings of the stock. Sculptor Capital LP lifted its position in shares of Perceptive Capital Solutions by 0.5% during the 2nd quarter. Sculptor Capital LP now owns 415,090 shares of the company's stock valued at $4,408,000 after acquiring an additional 2,243 shares during the period. Rangeley Capital LLC bought a new stake in shares of Perceptive Capital Solutions during the 2nd quarter valued at $212,000. Berkley W R Corp bought a new stake in shares of Perceptive Capital Solutions during the 2nd quarter valued at $169,000. Fifth Lane Capital LP bought a new stake in shares of Perceptive Capital Solutions during the 1st quarter valued at $480,000. Finally, FNY Investment Advisers LLC lifted its position in shares of Perceptive Capital Solutions by 10.1% during the 1st quarter. FNY Investment Advisers LLC now owns 110,110 shares of the company's stock valued at $1,134,000 after acquiring an additional 10,110 shares during the period.

Perceptive Capital Solutions Price Performance

Shares of NASDAQ:PCSC remained flat at $10.60 during trading on Friday. The company's 50-day moving average is $10.68 and its 200 day moving average is $10.54. Perceptive Capital Solutions has a fifty-two week low of $10.02 and a fifty-two week high of $10.74.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Perceptive Capital Solutions in a report on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of "Sell".

Perceptive Capital Solutions Company Profile

Perceptive Capital Solutions Corp is a blank check company. It formed for the purpose of entering into a combination with one or more businesses or entities. Perceptive Capital Solutions Corp is based in NEW YORK.

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