22nd Century Group Inc (XXII)

[Reeves]

September 25th, 2014 - 0 comments - Filed Under - by John Miller

22nd Century Group (NYSE:XXII) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 3,743,602 shares, a growth of 27.0% from the August 29th total of 2,948,406 shares, AnalystRatingsNetwork reports. Based on an average trading volume of 448,374 shares, the days-to-cover ratio is presently 8.3 days. Currently, 9.7% of the shares of the stock are short sold.

22nd Century Group (NYSE:XXII) traded down 0.75% during mid-day trading on Wednesday, hitting $2.63. 413,300 shares of the company’s stock traded hands. 22nd Century Group has a 52 week low of $0.87 and a 52 week high of $6.36. The stock has a 50-day moving average of $2.8 and a 200-day moving average of $2.99. The company’s market cap is $154.5 million.

22nd Century Group, Inc (NYSE:XXII) through its subsidiary, 22nd Century Limited, LLC (22nd Century Ltd), which is a plant biotechnology company.