Coherus BioSciences, Inc. ( NASDAQ:CHRS – Get Rating ) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 11,900,000 shares, an increase of 12.9% from the April 30th total of 10,540,000 shares. Based on an average daily volume of 1,550,000 shares, the short-interest ratio is presently 7.7 days. Institutional Inflows and Outflows Hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp grew its position in shares of Coherus BioSciences by 35.

https://www.dailypolitical.com/2023/05/31/coherus-biosciences-inc-nasdaqchrs-short-interest-up-12-9-in-may.html

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