Rafael Holdings, Inc. (NYSE:RFL) Sees Large Decrease in Short Interest

Rafael Holdings, Inc. (NYSE:RFL) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 45,600 shares, a decrease of 30.1% from the November 15th total of 65,200 shares. Based on an average trading volume of 42,300 shares, the short-interest ratio is currently 1.1 days.

Rafael Stock Down 2.1 %

RFL stock traded down $0.04 on Friday, reaching $1.88. 12,778 shares of the company’s stock were exchanged, compared to its average volume of 28,392. The stock has a fifty day moving average of $1.93 and a 200-day moving average of $1.67. Rafael has a twelve month low of $1.29 and a twelve month high of $2.50. The firm has a market cap of $46.38 million, a PE ratio of -1.13 and a beta of 1.08.

Institutional Trading of Rafael

An institutional investor recently raised its position in Rafael stock. Old West Investment Management LLC raised its position in Rafael Holdings, Inc. (NYSE:RFL) by 102.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,732 shares of the company’s stock after purchasing an additional 51,365 shares during the quarter. Old West Investment Management LLC owned 0.41% of Rafael worth $146,000 at the end of the most recent quarter. Institutional investors and hedge funds own 11.30% of the company’s stock.

Rafael Company Profile

Rafael Holdings, Inc primarily engages in holding interests in clinical and early-stage pharmaceutical companies, and commercial real estate assets in the United States and Israel. It operates in two segments, Healthcare and Real Estate. The company engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells.