Could Vericel Corporation (NASDAQ:VCEL) Change Direction After More Shorts?

June 13, 2018 - By Michael Pereira

Vericel Corporation (NASDAQ:VCEL) Logo

The stock of Vericel Corporation (NASDAQ:VCEL) registered an increase of 15.54% in short interest. VCEL’s total short interest was 1.51M shares in June as published by FINRA. Its up 15.54% from 1.30 million shares, reported previously. With 738,700 shares average volume, it will take short sellers 2 days to cover their VCEL’s short positions. The short interest to Vericel Corporation’s float is 5.3%.

The stock decreased 2.26% or $0.3 during the last trading session, reaching $12.95. About 646,258 shares traded. Vericel Corporation (NASDAQ:VCEL) has risen 389.29% since June 13, 2017 and is uptrending. It has outperformed by 376.72% the S&P500.

Vericel Corporation, a commercial-stage biopharmaceutical company, researches, develops, makes, markets, and sells patient-specific expanded cellular therapies for use in the treatment of patients with severe diseases and conditions. The company has market cap of $549.49 million. It markets three autologous cell therapy products, including Carticel and MACI, which are used for the treatment of cartilage defects in the knee; and Epicel, a permanent skin replacement that is used for the treatment of patients with deep-dermal or full-thickness burns comprising greater than or equal to 30 percent of total body surface area in the United States. It currently has negative earnings. The firm also develops ixmyelocel-T, which is in Phase IIb clinical trial, a patient-specific multicellular therapy for the treatment of advanced heart failure due to ischemic dilated cardiomyopathy.

Vericel Corporation (NASDAQ:VCEL) Ratings Coverage

Among 4 analysts covering Vericel Corp (NASDAQ:VCEL), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Vericel Corp had 6 analyst reports since January 2, 2018 according to SRatingsIntel. The company was maintained on Tuesday, January 2 by Piper Jaffray. The firm has “Buy” rating given on Wednesday, March 28 by BTIG Research. Leerink Swann initiated the shares of VCEL in report on Wednesday, April 4 with “Buy” rating. The firm has “Buy” rating given on Thursday, April 12 by BTIG Research. The firm earned “Buy” rating on Monday, March 5 by BTIG Research.

More notable recent Vericel Corporation (NASDAQ:VCEL) news were published by: which released: “Vericel Q1 Results: Full Speed Ahead” on May 27, 2018, also with their article: “Vericel to Present at the Jefferies 2018 Global Healthcare Conference” published on May 25, 2018, published: “Vericel Corporation Announces Closing of $74.8 Million Public Offering and Full Exercise of The Underwriters’ Option …” on June 05, 2018. More interesting news about Vericel Corporation (NASDAQ:VCEL) were released by: and their article: “Vericel Corporation Announces Proposed Public Offering of Common Stock” published on May 30, 2018 as well as‘s news article titled: “After-Hours Stock Movers 05/30: (TLYS) (KEYS) (VSI) Higher; (CRSP) (VCEL) (BOX) Lower (more…)” with publication date: May 30, 2018.

Vericel Corporation (NASDAQ:VCEL) Ratings Chart

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