Cerus Corp. Short Interest Up 24.4% in April (CERS)
Shares of Cerus Corp. (NASDAQ:CERS) were the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 11,263,531 shares, an increase of 24.4% from the March 31st total of 9,054,302 shares, AnalystRatings.Net reports. Approximately 15.9% of the shares of the stock are short sold. Based on an average daily volume of 1,223,546 shares, the short-interest ratio is presently 9.2 days.
Cerus Corp. (NASDAQ:CERS) opened at 4.33 on Thursday. Cerus Corp. has a 52 week low of $4.15 and a 52 week high of $8.00. The stock’s 50-day moving average is $4.96 and its 200-day moving average is $6.06. The company’s market cap is $312.4 million.
Cerus Corp. (NASDAQ:CERS) last released its earnings data on Tuesday, February 25th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.01. The company had revenue of $9.23 million for the quarter, compared to the consensus estimate of $11.77 million. Analysts expect that Cerus Corp. will post $-0.48 EPS for the current fiscal year.
Cerus Corporation is a biomedical products company focused on commercializing the INTERCEPT Blood System to enhance blood safety.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.