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flag Gossamer Bio's short interest fell 12.8%, and its stock surpassed analyst expectations, with a "Buy" rating.

flag Gossamer Bio, a biopharmaceutical company, saw short interest drop by 12.8% in December, totaling 6,120,000 shares. flag Institutional investors own 81.23% of its stock. flag The company has reported positive financial activity, with shares trading at $0.96 and earnings per share of ($0.14), beating analyst estimates. flag Gossamer Bio is developing seralutinib for pulmonary arterial hypertension treatment, with a consensus "Buy" rating and a target price of $9.20.

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