Short Interest in Rocket Pharmaceuticals, Inc. (NASDAQ:RCKTW) Declines By 77.6%

Rocket Pharmaceuticals, Inc. (NASDAQ:RCKTWGet Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 3,709 shares, a drop of 77.6% from the June 15th total of 16,531 shares. Based on an average daily trading volume, of 53,981 shares, the days-to-cover ratio is presently 0.1 days.

Rocket Pharmaceuticals Stock Performance

Shares of RCKTW remained flat at $0.00 during trading hours on Friday. Rocket Pharmaceuticals has a 12-month low of $0.00 and a 12-month high of $0.08. The stock’s 50-day moving average price is $0.01 and its 200 day moving average price is $0.01.

Rocket Pharmaceuticals Company Profile

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Rocket Pharmaceuticals, Inc is a clinical-stage biotechnology company focused on developing and commercializing novel, life-transforming gene therapies for rare pediatric diseases. The company’s research and development activities center on inherited genetic disorders, leveraging both lentiviral and adeno-associated virus (AAV) platforms to deliver corrective genes. Rocket’s lead programs include treatments for conditions such as Fanconi anemia, leukocyte adhesion deficiency-I (LAD-I), Danon disease and mucopolysaccharidosis type IIIA (MPS IIIA), each of which represents a high unmet medical need in the pediatric population.

Founded in 2015, Rocket Pharmaceuticals went public in 2018 and trades on the Nasdaq under the ticker symbol RCKTW.

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