Candel Therapeutics CADL
Ownership & positioning
Who holds it, who is betting against it, and where the big money is moving
Short-sale volume as % of daily volume
Large-order net flow, last 20 sessions
Net of large-order buying minus selling, in USD. Over this window: −$3.21M (7 inflow days, 13 outflow days).
Net flow by order size, last 20 sessions
Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.
The five largest holders on file together own 39.7% of shares outstanding.
Largest holders
By investor type
Reported short interest has fallen from 17.27% to 16.69% of float over the last 6 biweekly reports (31 Jul 2026 to 15 Oct 2026).
Recent institutional activity
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Tema ETFs LLC | Mutual Fund | 2026/Q3 | +88,097 | 0.1% |
| Tema ETFs LLC | Mutual Fund | 2026/Q3 | +88,097 | 0.1% |
| Nuveen Asset Management LLC | Insurance Company | 2026/Q3 | +124,083 | 0.2% |
| State Street Global Advisors | Mutual Fund | 2026/Q3 | +2,731,265 | 4.6% |
| BlackRock | Mutual Fund | 2026/Q3 | +1,859,998 | 6.5% |
| Portolan Capital Management, LLC | Hedge Fund | 2026/Q3 | +596,073 | 4.6% |
| Geode Capital Management, LLC | Mutual Fund | 2026/Q3 | +535,586 | 2.1% |
| Saturn V Capital Management LP | Hedge Fund | 2026/Q3 | +407,098 | 4.3% |
| Kennedy Capital Management LLC | Mutual Fund | 2026/Q3 | +395,666 | 0.6% |
| Vanguard Capital Management, LLC | Mutual Fund | 2026/Q3 | +362,941 | 4.1% |
| Marshall Wace LLP | Hedge Fund | 2026/Q3 | +300,641 | 0.4% |
| Bank of America Corporation | Public Company | 2026/Q3 | +231,542 | 0.4% |
| Wellington Management Group | Mutual Fund | 2026/Q3 | +205,745 | 0.3% |
| Northern Trust Global Investments | Mutual Fund | 2026/Q3 | +169,311 | 0.6% |
| Vanguard Portfolio Management, LLC | Mutual Fund | 2026/Q3 | +168,901 | 0.6% |
Institutional buy/sell activity by reporting period, largest moves first.
Insider transactions
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 29 Sep 2026 | Joseph Papa | Independent Director | Other Derivative Acquisition | +1,325 | $10.44 | 1,325 |
| 29 Sep 2026 | Paul Manning | Independent Chairperson | Other Derivative Acquisition | +2,189 | $10.44 | 2,189 |
| 29 Sep 2026 | Nicoletta Loggia | Independent Director | Other Derivative Acquisition | +380 | $10.44 | 380 |
| 10 Sep 2026 | Paul-Peter Tak | Chief Executive Officer | Automatic Disposition | -155,245 | $11.50 | 113,321 |
| 9 Sep 2026 | Paul-Peter Tak | Chief Executive Officer | Derivative Exercise and Sale | -125,000 | $11.50 | 113,321 |
| 7 Sep 2026 | Martine Zimmermann | Independent Director | Other Derivative Acquisition | +64,000 | $12.60 | 64,000 |
| 16 Aug 2026 | Seshu Tyagarajan | Chief Technical & Development Officer | Automatic Disposition | -7,000 | $12.00 | 76,865 |
| 29 Jun 2026 | Joseph Papa | Independent Director | Other Derivative Acquisition | +1,331 | $10.30 | 1,331 |
| 29 Jun 2026 | Paul Manning | Independent Chairperson | Other Derivative Acquisition | +2,199 | $10.30 | 2,199 |
| 29 Jun 2026 | Nicoletta Loggia | Independent Director | Other Derivative Acquisition | +381 | $10.30 | 381 |
| 28 Jun 2026 | Francesca Barone | Chief Scientific Officer | Automatic Disposition | -23,447 | $10.06 | 77,362 |
| 28 Jun 2026 | Seshu Tyagarajan | Chief Technical & Development Officer | Automatic Disposition | -7,000 | $10.02 | 83,865 |
| 22 Jun 2026 | Joseph Papa | Independent Director | Other Derivative Acquisition | +32,000 | $9.08 | 32,000 |
| 22 Jun 2026 | Edward Benz | Member of Research Advisory Board & Independent Director | Other Derivative Acquisition | +32,000 | $9.08 | 32,000 |
| 22 Jun 2026 | Paul Manning | Independent Chairperson | Other Derivative Acquisition | +32,000 | $9.08 | 32,000 |
| 22 Jun 2026 | Gary Nabel | Member of Research Advisory Board & Independent Director | Other Derivative Acquisition | +32,000 | $9.08 | 32,000 |
| 22 Jun 2026 | Renee Gaeta | Independent Director | Other Derivative Acquisition | +32,000 | $9.08 | 32,000 |
| 22 Jun 2026 | Mahalakshmi Radhakrishnan | Independent Director | Other Derivative Acquisition | +32,000 | $9.08 | 32,000 |
| 22 Jun 2026 | Christopher Martell | Independent Director | Other Derivative Acquisition | +32,000 | $9.08 | 32,000 |
| 22 Jun 2026 | Diem Nguyen | Independent Director | Other Derivative Acquisition | +32,000 | $9.08 | 32,000 |
From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.
Short interest, by report
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 12,772,884 | 16.7% | 14.1 |
| 30 Sep 2026 | 13,000,504 | 17.0% | 11.2 |
| 15 Sep 2026 | 12,344,649 | 16.1% | 10.3 |
| 31 Aug 2026 | 12,265,275 | 16.0% | 9.2 |
| 14 Aug 2026 | 12,463,333 | 16.3% | 10.6 |
| 31 Jul 2026 | 12,655,457 | 17.3% | 10.4 |
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