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CandyDrop
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Launchpool
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Launchpad
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Lending Center
One-stop lending hub
VIP Wealth Hub
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Quant Fund
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Stake cryptos to earn in PoS products
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New
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GUSD Minting
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Acumen Pharmaceuticals, Inc. (NASDAQ:ABOS) Sees Significant Increase in Short Interest
Acumen Pharmaceuticals (NASDAQ:ABOS) experienced a 50.1% increase in short interest, reaching 900,167 shares as of January 30th. Despite mixed analyst ratings, with a consensus of “Moderate Buy” and an average price target of $6.80, insiders, including CEO Daniel Joseph Oconnell, have been selling shares. The company, a clinical-stage biopharmaceutical firm, is currently trading near $2.51 with a market capitalization of $152 million, focusing on oral small molecule therapies for neurodegenerative diseases.