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Gossamer Bio's short interest fell 12.8%, and its stock surpassed analyst expectations, with a "Buy" rating.
Gossamer Bio, a biopharmaceutical company, saw short interest drop by 12.8% in December, totaling 6,120,000 shares.
Institutional investors own 81.23% of its stock.
The company has reported positive financial activity, with shares trading at $0.96 and earnings per share of ($0.14), beating analyst estimates.
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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El interés corto de Gossamer Bio cayó 12,8%, y sus acciones superaron las expectativas de los analistas, con una calificación de "Comprar".