MarketBeat Market update
Short Interest in Prima BioMed Ltd (NASDAQ:IMMP) Declines By 44.4%
Short interest in Prima BioMed Ltd (NASDAQ:IMMP) significantly dropped by 44.4% in July, totaling 1,195,547 shares as of July 31st. This represents 0.8% of outstanding shares and a 5.4-day-to-cover ratio. While institutional ownership remains low at 2.32%, analyst sentiment is mixed, with a consensus "Hold" rating and a $5.50 target price, despite the stock trading near its 52-week …