Who holds it, who is betting against it, and where the big money is moving
Net of large-order buying minus selling, in USD. Over this window: +$1.72M (12 inflow days, 8 outflow days).
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 35.2% of shares outstanding.
Reported short interest has risen from 0.60% to 2.05% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Caligan Partners, LP | Hedge Fund | 2026/Q3 | +3,188,285 | 3.5% |
| Nantahala Capital Management, LLC | Hedge Fund | 2026/Q3 | +2,686,393 | 1.1% |
| Deep Track Capital, LP | VC/PE Fund | 2026/Q3 | +2,602,332 | 4.4% |
| BVF Partners L.P. | Hedge Fund | 2026/Q3 | +2,404,000 | 4.6% |
| Woodline Partners LP | Hedge Fund | 2026/Q3 | +2,323,149 | 1.0% |
| abrdn plc | Mutual Fund | 2026/Q3 | +2,307,773 | 1.0% |
| JPMorgan Chase & Co. | Public Company | 2026/Q3 | +2,055,722 | 9.5% |
| Patient Square Capital, LP | VC/PE Fund | 2026/Q3 | +1,967,171 | 0.8% |
| Squadron Capital Management LLC | Hedge Fund | 2026/Q3 | +1,900,000 | 1.0% |
| Andera Partners | VC/PE Fund | 2026/Q3 | +1,815,000 | 6.7% |
| Citadel Advisors LLC | Hedge Fund | 2026/Q3 | +1,719,616 | 0.8% |
| ADAR1 Capital Management, LLC | Hedge Fund | 2026/Q3 | +1,432,258 | 1.5% |
| StemPoint Capital LP | Hedge Fund | 2026/Q3 | +1,426,320 | 0.6% |
| Kingdon Capital Management, L.L.C. | Hedge Fund | 2026/Q3 | +1,270,000 | 0.5% |
| Integral Health Asset Management, LLC | Hedge Fund | 2026/Q3 | +1,120,000 | 0.6% |
Institutional buy/sell activity by reporting period, largest moves first.
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Sep 2026 | 4,853,831 | 2.1% | 3.6 |
| 31 Aug 2026 | 3,684,862 | 1.6% | 5.3 |
| 14 Aug 2026 | 2,580,307 | 1.1% | 4.4 |
| 31 Jul 2026 | 2,195,099 | 0.9% | 2.7 |
| 15 Jul 2026 | 1,787,962 | 0.8% | 1.0 |
| 30 Jun 2026 | 1,424,175 | 0.6% | 1.0 |
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