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

22nd Century Group, Inc. (NASDAQ:XXII) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 519,900 shares, a growth of 170.8% from the March 31st total of 192,000 shares. Currently, 12.1% of the shares of the stock are short sold. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is currently 0.4 days.

22nd Century Group Trading Down 5.5 %

Shares of XXII opened at $1.73 on Friday. The company’s fifty day moving average is $22.71 and its 200 day moving average is $54.62. 22nd Century Group has a fifty-two week low of $1.45 and a fifty-two week high of $180.91. The stock has a market capitalization of $6.02 million, a PE ratio of -0.01 and a beta of 1.53. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.48 and a current ratio of 0.65.

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.