AxoGen June 15th Short Interest Update

AxoGen (NASDAQ:AXGN) has shown a rise of 7.6% or 21,172 shares in the short positions. The bets have increased to 299,143 shares on June 15,2016 from 277,971 shares on May 31,2016. With respect to the floated shares, the shorts are 1.4%. The days to cover are calculated to be 4, using the standard per day volume of 75,290 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

AxoGen (NASDAQ:AXGN): The stock opened at $6.16 on Friday but the bulls could not build on the opening and the stock topped out at $6.32 for the day. The stock traded down to $6.01 during the day, due to lack of any buying support eventually closed down at $6.22 with a loss of -1.58% for the day. The stock had closed at $6.32 on the previous day. The total traded volume was 2,577,324 shares.

The company shares have rallied 96.84% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $6.40 and the one year low was seen on Jul 7, 2015. The 50-Day Moving Average price is $5.69 and the 200 Day Moving Average price is recorded at $5.30.

AxoGen (NASDAQ:AXGN) has climbed 5.42% in the past week and advanced 11.87% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 7.17% and the outperformance has advanced to 15.26% for the last 4 weeks period.

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