22nd Century Group, Inc. (NASDAQ:XXII) Short Interest Update

22nd Century Group, Inc. (NASDAQ:XXII) saw a significant increase in short interest in the month of 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. Currently, 12.1% of the company’s shares are short sold. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is presently 0.4 days.

22nd Century Group Price Performance

Shares of NASDAQ: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 firm’s fifty day moving average is $22.71 and its 200-day moving average is $54.62. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.48 and a current ratio of 0.65. 22nd Century Group has a 52 week low of $1.45 and a 52 week high of $180.91.

22nd Century Group Company Profile

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.