AgeX Therapeutics (AGE) Sees Significant Growth in Short Interest

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AgeX Therapeutics (NYSE:AGE) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 1,108,419 shares, a growth of 1.4% from the January 15th total of 1,093,082 shares. Approximately 3.1% of the company’s shares are short sold. Based on an average daily trading volume, of 59,098 shares, the short-interest ratio is presently 18.8 days.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in shares of AgeX Therapeutics during the 4th quarter valued at $1,810,000. Defender Capital LLC. acquired a new position in shares of AgeX Therapeutics during the 4th quarter worth $1,379,000. Geode Capital Management LLC acquired a new stake in shares of AgeX Therapeutics during the 4th quarter valued at approximately $366,000. Northern Trust Corp purchased a new stake in AgeX Therapeutics in the 4th quarter worth about $293,000. Finally, Price Capital Management Inc. bought a new position in AgeX Therapeutics in the 4th quarter valued at $210,000. Institutional investors and hedge funds own 0.21% of the company’s stock.

AGE stock opened at $4.10 on Thursday. AgeX Therapeutics has a fifty-two week low of $1.13 and a fifty-two week high of $5.95.

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AgeX Therapeutics Company Profile

AgeX Therapeutics, Inc, a biotechnology company, focuses on the development and commercialization of therapeutics for age-related degenerative diseases in the United Stated. The company is developing AGEX-BAT1 and AGEX-VASC1, which are cell-based approaches in the preclinical stage of development to correct metabolic imbalances in aging; and to restore vascular support in ischemic tissues.

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