2023-05-15 03:38
Short Interest in CTI BioPharma Corp. (NASDAQ:CTIC) Drops By 24.2%
CTI BioPharma Corp. ( NASDAQ:CTIC – Get Rating ) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 12,170,000 shares, a drop of 24.2% from the April 15th total of 16,050,000 shares. Based on an average daily volume of 3,010,000 shares, the days-to-cover ratio is presently 4.0 days. Wall Street Analysts Forecast Growth A number of equities research analysts have weighed in on the company. StockNews.com raised CTI BioPharma from a 'sell' rating to a 'hold' rating in a report on Tuesday, March 14th.
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