Short Interest in Dermata Therapeutics, Inc. (NASDAQ:DRMAW) Declines By 26.1%

43.1% from the May 15th total of 23,900 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 1.3 days. The company saw a decrease in short interest of 43.1% from May 15th to May 31st.

() experienced a significant decrease in short interest throughout the month of may. On May 31, there were 13,600 short shares, which is a decline of 26,1% from May 15th's total of 18,400. The days-to-cover is currently 0.6 based on a trading volume average of 23,100 shares.

Dermata Therapeutics Price Performance

During Friday's midday trading, the stock rose $0.01 to $0.02. The stock changed hands 5,000 times, as opposed to the average of 22,223. Dermata Therapeutics' 52-week low is $0.01, and its 52-week highest is $0.19. The fifty-day moving is $0.02, and the 200-day is $0.03. offers a FREE daily email newsletter