Adaptimmune Therapeutics plc (NASDAQ:ADAP) Sees Large Increase in Short Interest

Market Beat
2025.01.19 12:21
portai
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Adaptimmune Therapeutics plc (NASDAQ:ADAP) experienced an 8.7% increase in short interest in December, totaling 5,500,000 shares by December 31. Analysts have adjusted price targets, with HC Wainwright lowering theirs from $4.00 to $3.50, and Mizuho from $3.00 to $1.50. The stock currently has a consensus rating of "Buy" and an average target price of $2.79. Institutional investors own 31.37% of the company, which has a market cap of $148.38 million and opened at $0.58 on Friday, down 1.7%.