Sol-Gel Technologies Ltd. (NASDAQ:SLGL) Short Interest Up 55.5% in February

15 Mar 2026, 13:50 by Amy Steele · The Cerbat Gem

Sol-Gel Technologies Ltd. (NASDAQ:SLGL – Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 8,979 shares, an increase of 55.5% from the February 12th total of 5,775 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 23,930 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 23,930 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SLGL shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sol-Gel Technologies in a report on Monday, December 29th. HC Wainwright reiterated a “buy” rating and set a $110.00 target price (up from $50.00) on shares of Sol-Gel Technologies in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sol-Gel Technologies currently has an average rating of “Hold” and a consensus target price of $110.00.

Get Our Latest Analysis on SLGL

Sol-Gel Technologies Price Performance

Shares of NASDAQ:SLGL traded down $1.34 during trading hours on Friday, hitting $83.97. 38,783 shares of the company’s stock traded hands, compared to its average volume of 27,331. The business has a fifty day moving average price of $71.61 and a 200-day moving average price of $48.01. The firm has a market capitalization of $234.28 million, a P/E ratio of -25.76 and a beta of 1.30. Sol-Gel Technologies has a 1 year low of $4.02 and a 1 year high of $97.97.

Insider Buying and Selling

In related news, major shareholder Opaleye Management Inc. acquired 35,169 shares of the stock in a transaction on Tuesday, December 30th. The stock was acquired at an average cost of $41.99 per share, for a total transaction of $1,476,746.31. Following the completion of the acquisition, the insider directly owned 421,242 shares of the company’s stock, valued at approximately $17,687,951.58. This represents a 9.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have acquired 75,368 shares of company stock valued at $3,206,907. 66.51% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sol-Gel Technologies

A hedge fund recently raised its stake in Sol-Gel Technologies stock. Opaleye Management Inc. raised its position in shares of Sol-Gel Technologies Ltd. (NASDAQ:SLGL – Free Report) by 121.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 453,739 shares of the company’s stock after purchasing an additional 248,904 shares during the quarter. Sol-Gel Technologies accounts for 2.5% of Opaleye Management Inc.’s portfolio, making the stock its 9th largest position. Opaleye Management Inc. owned approximately 16.29% of Sol-Gel Technologies worth $19,121,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 26.18% of the company’s stock.

Sol-Gel Technologies Company Profile

(Get Free Report)

Sol-Gel Technologies, Inc (NASDAQ: SLGL) is a U.S.-based advanced materials company specializing in the development and commercialization of nanostructured materials using proprietary sol-gel processes. Leveraging expertise in materials chemistry and thin-film deposition, the company focuses on the production of metal oxide powders, sols, coatings and functional inks designed to enhance performance in a variety of industrial and commercial applications.