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Short Interest in Celyad Oncology SA (NASDAQ:CYAD) Grows By 374.5%

Financial News Live ·  Aug 25, 2022 21:41

Celyad Oncology SA (NASDAQ:CYAD – Get Rating) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 177,000 shares, a growth of 374.5% from the July 31st total of 37,300 shares. Based on an average trading volume of 136,100 shares, the days-to-cover ratio is currently 1.3 days.

Celyad Oncology Stock Performance

Shares of NASDAQ CYAD traded down $0.05 during mid-day trading on Thursday, reaching $1.95. 10,138 shares of the company traded hands, compared to its average volume of 66,226. Celyad Oncology has a fifty-two week low of $1.51 and a fifty-two week high of $5.32. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.71 and a quick ratio of 2.58. The stock has a fifty day simple moving average of $1.87 and a 200-day simple moving average of $2.13.

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Celyad Oncology Company Profile

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Celyad Oncology SA, a clinical-stage biopharmaceutical company, focuses on the discovery and development of chimeric antigen receptor T (CAR-T) cell therapies for the treatment of cancer. Its lead product candidates include CYAD-101, an allogeneic CAR-T candidate that is in Phase 1b clinical trial for the treatment of metastatic colorectal cancer; CYAD-211, a short hairpin RNA (shRNA)-based allogeneic CAR-T candidate, which is in Phase 1 clinical trial to treat relapsed / refractory multiple myeloma; and CYAD-02, an autologous CAR-T candidate that is in Phase 1 clinical trial for the treatment of relapsed or refractory acute myeloid leukemia and myelodysplastic syndromes.

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