Pasithea Therapeutics Corp. (NASDAQ:KTTA – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totalling 400 shares, a drop of 90.7% from the August 31st total of 4,300 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 17,100 shares, the days-to-cover ratio is presently 0.0 days.
Pasithea Therapeutics Price Performance
Shares of Pasithea Therapeutics stock traded down $0.17 during trading on Friday, hitting $5.68. 649,816 shares of the stock were exchanged, compared to its average volume of 334,684. The firm’s 50-day moving average price is $4.73 and its 200 day moving average price is $5.86. Pasithea Therapeutics has a 12-month low of $3.61 and a 12-month high of $17.40.
Pasithea Therapeutics (NASDAQ:KTTA – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($3.71) earnings per share (EPS) for the quarter.
Pasithea Therapeutics Company Profile
Pasithea Therapeutics Corp., a biotechnology company, engages in discovery, research, and development of treatments for central nervous system disorders, RASopathies, and other diseases. Its lead product candidate PAS-004, a next-generation macrocyclic mitogen-activated protein kinase, or MEK inhibitor for use in the treatment of a range of RASopathies, including neurofibromatosis type 1 oncology indications.
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