Cytomedix, Inc. (OTC:CMXI) rose 2.06% to $0.99 on the last trading session.
The price change took place on a volume of 78 thousand shares. This is less than half the daily average volume of 168 thousand.
The official FINRA report shows that 26 thousand shares were exchanged in short transactions. Thus, the share of the short volume was 33% of the whole volume generated during the day.
From a technical point of view, the down-trending MACD indicators seems to disturb long investors. The indicator has been in a down trend for a long time. The down curve was formed in mid-December.
Last week, CMXI announced the appointment of Cathryn Hope to the newly created position of Vice President of Marketing at the company.
The news was not able to stir more interest towards the stock as the share price dropped 3.7% that day and the trading volume remained way below average.
