Brainstorm Cell Therapeutics Inc. (NASDAQ:BCLI – Get Free Report) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 110,900 shares, a growth of 21.3% from the January 31st total of 91,400 shares. Based on an average daily trading volume, of 78,800 shares, the short-interest ratio is presently 1.4 days. Currently, 2.5% of the company’s shares are short sold.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on Brainstorm Cell Therapeutics in a research note on Sunday, March 2nd. They set a “hold” rating on the stock.
Get Our Latest Stock Analysis on Brainstorm Cell Therapeutics
Brainstorm Cell Therapeutics Stock Up 3.8 %
Brainstorm Cell Therapeutics Company Profile
Brainstorm Cell Therapeutics Inc, a biotechnology company, engages in the development and commercialization of autologous cellular therapies for the treatment of neurodegenerative diseases. The company, through its NurOwn proprietary cell therapy platform, leverages cell culture methods to induce autologous bone marrow-derived mesenchymal stem cells to secrete high levels of neurotrophic factors, modulate neuroinflammatory and neurodegenerative disease processes, promote neuronal survival, and enhance neurological function.
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