22nd Century Group, Inc. (NASDAQ:XXII) Short Interest Up 170.8% in April

22nd Century Group, Inc. (NASDAQ:XXII) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 519,900 shares, an increase of 170.8% from the March 31st total of 192,000 shares. Based on an average trading volume of 1,420,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 12.1% of the shares of the stock are short sold.

22nd Century Group Stock Performance

XXII opened at $1.73 on Friday. The firm has a market cap of $6.02 million, a PE ratio of -0.01 and a beta of 1.53. The company has a quick ratio of 0.48, a current ratio of 0.65 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $23.48 and a 200-day simple moving average of $55.73. 22nd Century Group has a fifty-two week low of $1.45 and a fifty-two week high of $180.91.

About 22nd Century Group

22nd Century Group, Inc, a tobacco products company, engages in the sale and distribution of its own proprietary new reduced nicotine tobacco products. The company offers reduced nicotine content tobacco plants and very low nicotine combustible cigarette products. It also provides contract manufacturing services for conventional combustible tobacco products for third-party brands.