Perceptive Capital Solutions Corp. (NASDAQ:PCSC) Short Interest Update

Perceptive Capital Solutions Corp. (NASDAQ:PCSC) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 757,478 shares, an increase of 169.0% from the December 15th total of 281,642 shares. Based on an average daily trading volume, of 107,319 shares, the short-interest ratio is currently 7.1 days. Approximately 8.5% of the shares of the stock are short sold. Approximately 8.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 107,319 shares, the short-interest ratio is currently 7.1 days.

Perceptive Capital Solutions Stock Performance

Shares of NASDAQ PCSC opened at $13.69 on Wednesday. Perceptive Capital Solutions has a fifty-two week low of $10.18 and a fifty-two week high of $13.95. The company has a market cap of $121.98 million, a price-to-earnings ratio of 97.79 and a beta of -0.17. The business’s 50 day moving average price is $11.97 and its 200-day moving average price is $11.13.

Perceptive Capital Solutions (NASDAQ:PCSC) last released its earnings results on Wednesday, November 12th. The company reported $0.01 earnings per share for the quarter.

Institutional Investors Weigh In On Perceptive Capital Solutions

Several large investors have recently added to or reduced their stakes in the stock. Radcliffe Capital Management L.P. bought a new stake in shares of Perceptive Capital Solutions during the third quarter valued at approximately $128,000. Berkley W R Corp bought a new position in shares of Perceptive Capital Solutions during the 2nd quarter worth $169,000. Rangeley Capital LLC purchased a new position in shares of Perceptive Capital Solutions during the second quarter valued at $212,000. Finally, Sculptor Capital LP increased its stake in shares of Perceptive Capital Solutions by 0.5% during the second quarter. Sculptor Capital LP now owns 415,090 shares of the company’s stock valued at $4,408,000 after buying an additional 2,243 shares during the period.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Perceptive Capital Solutions in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Perceptive Capital Solutions has an average rating of “Sell”.

About Perceptive Capital Solutions

Perceptive Capital Solutions Corp is a blank check company. It formed for the purpose of entering into a combination with one or more businesses or entities. Perceptive Capital Solutions Corp is based in NEW YORK.