Short Interest in Protagenic Therapeutics, Inc. Decreases By 31.0
| PTIX Stock | USD 0.37 0.09 32.14% |
Slightly above 57% of all Protagenic Therapeutics' investors are looking to take a long position. The analysis of the overall investor sentiment regarding Protagenic Therapeutics suggests that some traders are interested. Protagenic Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Protagenic Therapeutics' earnings reports, geopolitical events, and overall market trends.
Protagenic |
Protagenic Therapeutics, Inc. was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 9,800 shares, a drop of 31.0 percent from the January 31st total of 14,200 shares. Approximately 0.3 percent of the companys stock are sold short.
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Protagenic Therapeutics Fundamental Analysis
We analyze Protagenic Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Protagenic Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Protagenic Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Outstanding
Shares Outstanding Comparative Analysis
Protagenic Therapeutics is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Protagenic Therapeutics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Protagenic Therapeutics stock to make a market-neutral strategy. Peer analysis of Protagenic Therapeutics could also be used in its relative valuation, which is a method of valuing Protagenic Therapeutics by comparing valuation metrics with similar companies.
Peers
Protagenic Therapeutics Related Equities
| ACRV | Acrivon Therapeutics, | 4.28 | ||||
| AVTE | Aerovate Therapeutics | 0.83 | ||||
| ADAG | Adagene | 0.49 | ||||
| XOMAO | XOMA | 0.24 | ||||
| SBHMY | Sino Biopharmaceutica | 0.00 | ||||
| ANTX | AN2 Therapeutics | 1.75 | ||||
| RZLT | Rezolute | 2.90 | ||||
| ELDN | Eledon Pharmaceuticals | 3.37 | ||||
| TPST | Tempest Therapeutics | 3.70 |
Additional Tools for Protagenic Stock Analysis
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