Neuralstem Short Interest Up 1.4% in August (CUR)
Shares of Neuralstem (NYSE:CUR) saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 10,121,431 shares, an increase of 1.4% from the July 31st total of 9,983,880 shares, StockRatingsNetwork.com reports. Currently, 12.2% of the company’s stock are sold short. Based on an average daily volume of 593,005 shares, the days-to-cover ratio is presently 17.1 days.
CUR has been the subject of a number of recent research reports. Analysts at Aegis reiterated a “buy” rating on shares of Neuralstem in a research note on Friday, August 8th.
Shares of Neuralstem (NYSE:CUR) opened at 3.63 on Wednesday. Neuralstem has a one year low of $1.55 and a one year high of $4.81. The stock’s 50-day moving average is $3.31 and its 200-day moving average is $3.75. The company’s market cap is $315.2 million.
Neuralstem (NYSE:CUR) last announced its earnings results on Friday, August 8th. The company reported ($0.08) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.05) by $0.03. On average, analysts predict that Neuralstem will post $-0.22 earnings per share for the current fiscal year.
Neuralstem, Inc is a development-stage company focused on the development and commercialization of treatments for central nervous system disease based on transplanting human neural stems cells and the use of small molecule drugs.
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