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Short interest in Enveric Biosciences dropped 20% to 62,034 shares by Feb. 13, with 4.5% of shares sold short.
Short interest in Enveric Biosciences fell 20% to 62,034 shares by February 13, with 4.5% of shares sold short and a 1.3-day cover ratio.
The stock closed at $2.13, down $0.12, on below-average volume.
The company, a clinical-stage biopharma firm developing psychedelic-based treatments for mental health disorders, has a market cap of $2.96 million and a negative P/E ratio.
Analysts have mixed ratings, averaging a "Hold" with a $120 target.
Institutional investors own 13.82% of the company.
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El interés corto en Enveric Biosciences cayó un 20% a 62,034 acciones para el 13 de febrero, con un 4,5% de las acciones vendidas en corto.