Short Interest in Jaguar Health, Inc. (NASDAQ:JAGX) Expands By 15.3%

Jaguar Health, Inc. (NASDAQ:JAGXGet Rating) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 6,250,000 shares, an increase of 15.3% from the August 15th total of 5,420,000 shares. Currently, 11.6% of the company’s shares are short sold. Based on an average daily trading volume, of 4,330,000 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in JAGX. Millennium Management LLC raised its stake in Jaguar Health by 152.3% during the second quarter. Millennium Management LLC now owns 533,153 shares of the biotechnology company’s stock valued at $157,000 after buying an additional 321,795 shares during the last quarter. Virtu Financial LLC raised its stake in Jaguar Health by 76.1% during the first quarter. Virtu Financial LLC now owns 229,270 shares of the biotechnology company’s stock valued at $162,000 after buying an additional 99,073 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Jaguar Health by 153.3% during the first quarter. Goldman Sachs Group Inc. now owns 54,770 shares of the biotechnology company’s stock valued at $39,000 after buying an additional 33,148 shares during the last quarter. Renaissance Technologies LLC purchased a new position in Jaguar Health during the first quarter valued at $1,079,000. Finally, Citigroup Inc. purchased a new position in Jaguar Health during the first quarter valued at $34,000. Hedge funds and other institutional investors own 7.40% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Jaguar Health in a research note on Saturday. They issued a “hold” rating for the company.

Jaguar Health Trading Down 13.6 %

JAGX opened at $0.19 on Tuesday. The stock has a market cap of $22.81 million, a PE ratio of -0.17 and a beta of 1.65. The company has a quick ratio of 0.73, a current ratio of 1.02 and a debt-to-equity ratio of 8.47. The business has a 50 day moving average of $0.26 and a 200-day moving average of $0.37. Jaguar Health has a 52 week low of $0.18 and a 52 week high of $2.66.

Jaguar Health (NASDAQ:JAGXGet Rating) last released its earnings results on Monday, August 22nd. The biotechnology company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.10. The company had revenue of $2.92 million during the quarter. Jaguar Health had a negative return on equity of 486.62% and a negative net margin of 652.35%. Equities research analysts predict that Jaguar Health will post -0.67 earnings per share for the current fiscal year.

Jaguar Health Company Profile

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Jaguar Health, Inc, a commercial stage pharmaceuticals company, focuses on developing prescription medicines for people and animals with gastrointestinal distress, specifically chronic, and debilitating diarrhea. The company operates through two segments, Human Health and Animal Health. It markets Mytesi for the symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy.

Further Reading

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