Short Interest in Liminatus Pharma Inc. (NASDAQ:LIMN) Drops By 45.5%

Liminatus Pharma Inc. (NASDAQ:LIMNGet Free Report) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 1,083,465 shares, a decrease of 45.5% from the April 15th total of 1,989,468 shares. Approximately 2.4% of the shares of the stock are sold short. Based on an average daily volume of 2,651,998 shares, the short-interest ratio is presently 0.4 days.

Liminatus Pharma Trading Down 2.2%

Liminatus Pharma stock traded down $0.00 during midday trading on Friday, reaching $0.18. 754,434 shares of the company were exchanged, compared to its average volume of 848,027. The firm’s 50-day simple moving average is $0.20 and its 200-day simple moving average is $0.61. Liminatus Pharma has a 1 year low of $0.16 and a 1 year high of $33.66.

Liminatus Pharma (NASDAQ:LIMNGet Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Liminatus Pharma in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Read Our Latest Research Report on Liminatus Pharma

Liminatus Pharma Company Profile

(Get Free Report)

Liminatus Pharma, Inc is a pre-clinical-stage immuno-oncology company, which engages in developing novel, immune-modulating cancer therapies. The company was founded on November 1, 2020 and is headquartered in La Palma, CA.

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