PureTech Health PLC Sponsored ADR (
NASDAQ:PRTC -
Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,100 shares, a growth of 24.5% from the August 15th total of 4,900 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 4,200 shares, the short-interest ratio is currently 1.5 days. Based on an average trading volume of 4,200 shares, the short-interest ratio is currently 1.5 days. Currently, 0.0% of the shares of the stock are short sold.
PureTech Health Stock Performance
NASDAQ:PRTC opened at $14.86 on Thursday. The company has a fifty day moving average of $17.79 and a two-hundred day moving average of $17.67. PureTech Health has a fifty-two week low of $13.30 and a fifty-two week high of $24.99.
Hedge Funds Weigh In On PureTech Health
Large investors have recently added to or reduced their stakes in the stock. Millennium Management LLC acquired a new position in PureTech Health during the fourth quarter worth $823,000. Diadema Partners LP acquired a new position in PureTech Health during the second quarter worth $126,000. Persistent Asset Partners Ltd acquired a new position in PureTech Health during the second quarter worth $29,000. Finally, Pentwater Capital Management LP raised its position in PureTech Health by 39.2% during the first quarter. Pentwater Capital Management LP now owns 33,560 shares of the company's stock worth $664,000 after acquiring an additional 9,449 shares during the period. 0.04% of the stock is currently owned by institutional investors and hedge funds.
About PureTech Health
(
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PureTech Health plc, engages in the development and commercialization of biotechnology and pharmaceutical solutions in the United States. The company is developing LYT-100, which is under Phase 2 stage, to treat idiopathic pulmonary fibrosis (IPF); and LYT-200, a IgG4 monoclonal antibody, currently under Phase 1/2 stage, targeting galectin-9 for treating solid tumors and hematological malignancies.
Further Reading
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