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flag KALA Bio's short interest rose, CEO sold shares, but major investor bought in, despite Q3 losses.

flag KALA Bio, a company developing treatments for eye diseases, saw a 19.1% rise in short interest in January, totaling 25,600 shares. flag CEO Mark T. Iwicki sold shares, while major investor Bros. Advisors Lp Baker bought a large stake. flag Despite a Q3 loss of $1.93 per share, the company beat analyst expectations and HC Wainwright maintained a "buy" rating with a $15.00 price target.

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