In a filing, Elutia Inc revealed its Director HighCape Capital, L.P. acquired Company’s shares for reported $1.05 million on Feb 03 ’25. In the deal valued at $2.50 per share,420,000 shares were bought. As a result of this transaction, HighCape Capital, L.P. now holds 9,520,232 shares worth roughly $14.09 million.
Then, HighCape Capital, L.P. bought 420,000 shares, generating $1,050,000 in total proceeds. Upon buying the shares at $2.50, the Director now owns 9,520,232 shares.
Truist initiated its Elutia Inc [ELUT] rating to a Buy in a research note published on November 02, 2020; the price target was $20. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in early November with a ‘”an Overweight”‘ rating. Cowen began covering ELUT with “an Outperform” recommendation on November 02, 2020. Cantor Fitzgerald started covering the stock on November 02, 2020. It rated ELUT as “an Overweight”.
Price Performance Review of ELUT
On Tuesday, Elutia Inc [NASDAQ:ELUT] saw its stock fall -21.54% to $1.48. Over the last five days, the stock has lost -31.87%. Elutia Inc shares have fallen nearly -63.49% since the year began. Nevertheless, the stocks have fallen -60.56% over the past one year. While a 52-week high of $5.12 was reached on 01/06/25, a 52-week low of $1.61 was recorded on 09/09/25.
Levels Of Support And Resistance For ELUT Stock
The 24-hour chart illustrates a support level at 1.3100, which if violated will result in even more drops to 1.1450. On the upside, there is a resistance level at 1.8000. A further resistance level may holdings at 2.1250.
How much short interest is there in Elutia Inc?
A steep rise in short interest was recorded in Elutia Inc stocks on 2025-08-15, dropping by 5366.0 shares to a total of 22688.0 shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 28054.0 shares. There was a decline of -23.65%, which implies that there is a negative sentiment for the stock.
