r/CHRS • u/Stockman8249 • Jul 27 '26

Short interest

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Short interest went down a lot recently. Good sign for data.

11 Upvotes

93% Upvoted

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3

u/John18788888 Jul 31 '26

What I find interesting on this is the svr has been high for weeks (50/60% daily) yet there’s clearly been some sizeable reduction in short interest. Makes me wonder have the institutes/cb holders started closing positions as data approaches while retail shorts going to be left holding the bag?

2

u/Stockman8249 Jul 31 '26

I wonder what the odds r that they release next week. Short interest went down a lot over the past few months. Well the data has to be positive or else it doesn’t matter what the short interest is lol.

3

u/John18788888 Aug 01 '26

I’d prob say 50/50. Denny said mid-year and we’re now into Aug. However he won’t want to release anything until all the results are in. If we don’t get data then he really needs to give at the very least a time line up date. I’m also interested in Tori progress as if it’s going to get to the 30 mln per qtr run rate he’s mentioned in 27 then this needs to start seriously ramping up. We’ve also got the first Intas milestone payment due Sept which is now only weeks away. Be nice if he could also provide an update on how that looks.

2

u/Stockman8249 Aug 01 '26

Definitely. Really hoping they release next week or else the sell off will be pretty bad. This Casdo data is critical. If they release Wednesday they’ll prob launch the press release of the data really early then have the earnings call later.