OncoCyte Co. (OCX) Short Interest Up 58.5% in November
OncoCyte Co. (NYSEAMERICAN:OCX) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 330,835 shares, an increase of 58.5% from the November 15th total of 208,771 shares. Approximately 4.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 39,702 shares, the days-to-cover ratio is presently 8.3 days.
OncoCyte (NYSEAMERICAN:OCX) traded down $0.05 on Monday, reaching $5.15. The company’s stock had a trading volume of 5,535 shares, compared to its average volume of 27,669. OncoCyte has a one year low of $3.60 and a one year high of $7.95.
An institutional investor recently raised its position in OncoCyte stock. Broadwood Capital Inc. boosted its position in shares of OncoCyte Co. (NYSEAMERICAN:OCX) by 17.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,596,680 shares of the biotechnology company’s stock after purchasing an additional 540,000 shares during the quarter. OncoCyte makes up 4.5% of Broadwood Capital Inc.’s portfolio, making the stock its 5th biggest holding. Broadwood Capital Inc. owned 11.48% of OncoCyte worth $27,155,000 at the end of the most recent quarter.
OncoCyte Company Profile
OncoCyte Corporation is a development-stage biotechnology company focused in the field of regenerative medicine. The Company is developing molecular cancer diagnostics utilizing a discovery platform that focuses on identifying genetic markers expressed in various types of cancer. It operates through the research and development of diagnostic tests for the detection of cancer segment.
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