Short Interest in Genetron Holdings Limited (NASDAQ:GTH) Expands By 123.2%
From MarketBeat:
– Genetron Holdings Limited (NASDAQ:GTH) saw significant growth in short interest in December, reaching 22,100 shares, up 123.2% from December 15th. This accounts for approximately 0.1% of the company’s shares. The short-interest ratio is currently 0.4 days based on an average daily volume of 50,900 shares.
– Genetron’s stock peaked at $3.81 and traded at $3.70 with a trading volume of 22,570 shares, compared to an average volume of 47,374.
– Several hedge funds and institutional investors have bought and lifted their holdings in Genetron, such as Susquehanna International Group LLP and Norges Bank.
– Genetron Holdings Limited is a precision oncology platform company based in China, offering services focused on cancer management and early screening through laboratory developed tests services.
– Genetron currently has a “hold” rating among analysts, but top-rated analysts have identified five other stocks they believe are better buys.
Read more: Short Interest in Genetron Holdings Limited (NASDAQ:GTH) Expands By 123.2%