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Cadrenal Therapeutics sees short interest drop, shares rise as major investor buys stock.
Cadrenal Therapeutics saw a significant 28.9% drop in short interest in February, with shares trading up $0.20 on March 17th to $19.29.
The company, focused on developing Tecarfarin for cardiovascular conditions, also saw a purchase of 10,554 shares by Geode Capital Management LLC in Q4.
Meanwhile, short interest in Cyclo Therapeutics decreased by 26.7% in February, with its lead drug Trappsol Cyclo in Phase III trials for Niemann-Pick Type C disease and Phase IIb for Alzheimer's.
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Cadrenal Therapeutics ve una baja corta de intereses, las acciones aumentan a medida que los principales inversores compran acciones.