City Therapeutics, Inc. (NASDAQ:CTY) Sees Large Increase in Short Interest

Detailed summary

City Therapeutics, Inc. (NASDAQ:CTY - Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 822,840 shares. Based on an average daily trading volume, of 361,905 shares, the short-interest ratio is currently 2.3 days. Approximately 1.6% of the company's stock are short sold.