Short interest in NexGel Inc (NASDAQ:NXGL) increased during the last reporting period, rising from 113.52K to 130.44K. This put 2.49% of the company's publicly available shares short.

Short interest for NexGel gives investors a sense of the degree to which investors are betting on the decline of NexGel's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 134.70K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.