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: +$485.8K (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 37.2% of shares outstanding.
Reported short interest has risen from 6.80% to 7.24% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Soleus Capital Management, L.P. | Hedge Fund | 2026/Q3 | +498,024 | 4.6% |
| Soleus Capital LLC | VC/PE Fund | 2026/Q3 | +150,000 | 0.5% |
| Nuveen Asset Management LLC | Insurance Company | 2026/Q3 | +40,823 | 0.1% |
| Tang Capital Management, LLC | Mutual Fund | 2026/Q3 | +1,550,000 | 4.8% |
| Perceptive Advisors LLC | VC/PE Fund | 2026/Q3 | +1,000,000 | 3.1% |
| Sphera Funds Management Ltd | Hedge Fund | 2026/Q3 | +382,945 | 1.2% |
| Alyeska Investment Group, L.P. | Hedge Fund | 2026/Q3 | +275,000 | 0.8% |
| BlackRock | Mutual Fund | 2026/Q3 | +236,844 | 3.1% |
| Vanguard Capital Management, LLC | Mutual Fund | 2026/Q3 | +225,315 | 3.1% |
| Avidity Partners Management, L.P. | Hedge Fund | 2026/Q3 | +200,000 | 0.6% |
| Iridian Asset Management LLC | Mutual Fund | 2026/Q3 | +125,321 | 2.4% |
| Susquehanna International Group, LLP | Private Company | 2026/Q3 | +112,000 | 0.7% |
| Kalehua Capital Management LLC | VC/PE Fund | 2026/Q3 | +100,000 | 0.3% |
| State Street Global Advisors | Mutual Fund | 2026/Q3 | +81,682 | 0.8% |
| Charles Mosseri-Marlio | Individual/Insider | 2026/Q3 | +50,000 | 10.1% |
Institutional buy/sell activity by reporting period, largest moves first.
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 2 Aug 2026 | Michael Carson | Officer | Other Acquisition | +30,000 | – | 230,118 |
| 29 Jun 2026 | Ron Bentsur | Chairperson & CEO | Open Market Acquisition | +12,500 | $20.00 | 3,688,424 |
| 29 Jun 2026 | Charles Mosseri-Marlio | Open Market Acquisition | +50,000 | $18.32 | 3,295,897 | |
| 10 Jun 2026 | James Oliviero | Independent Director | Other Acquisition | +35,000 | – | 122,828 |
| 10 Jun 2026 | Matthew Kaplan | Independent Director | Other Acquisition | +35,000 | – | 159,760 |
| 10 Jun 2026 | Juan Sanchez | Director | Other Acquisition | +35,000 | – | 113,795 |
| 10 Jun 2026 | Kenneth Hoberman | Independent Director | Other Acquisition | +35,000 | – | 168,140 |
| 5 Jan 2026 | Ron Bentsur | Chairperson & CEO | Other Acquisition | +150,000 | – | 3,605,924 |
| 5 Jan 2026 | Enrique Poradosu | Co-Founder, Executive VP, Chief Scientific & Business Officer | Other Acquisition | +150,000 | – | 1,767,986 |
| 5 Jan 2026 | Michael Carson | Officer | Other Acquisition | +61,200 | – | 200,118 |
| 5 Jan 2026 | Shay Shemesh | Co-Founder, Executive VP, Chief Development & Operations Officer | Other Acquisition | +150,000 | – | 1,754,735 |
| 4 Nov 2025 | Ron Bentsur | Chairperson & CEO | Open Market Acquisition | +5,000 | $5.72 | 3,455,924 |
| 4 Nov 2025 | Matthew Kaplan | Independent Director | Open Market Acquisition | +11,000 | $5.84 | 124,760 |
| 4 Nov 2025 | Juan Sanchez | Director | Open Market Acquisition | +13,000 | $5.79 | 78,565 |
| 26 Oct 2025 | Charles Mosseri-Marlio | Open Market Acquisition | +154,770 | $6.28 | 3,245,897 | |
| 21 Sep 2025 | Juan Sanchez | Director | Other Acquisition | +30,000 | – | 65,565 |
| 21 Sep 2025 | Juan Sanchez | Director | Initial Statement of Beneficial | +0 | – | 35,565 |
| 19 Jun 2025 | Charles Mosseri-Marlio | Open Market Acquisition | +5,603 | $7.99 | 3,091,127 | |
| 17 Jun 2025 | Charles Mosseri-Marlio | Open Market Acquisition | +33,442 | $8.11 | 2,976,203 | |
| 11 Jun 2025 | James Oliviero | Independent Director | Other Acquisition | +30,000 | – | 87,828 |
From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Sep 2026 | 2,362,527 | 7.2% | 14.8 |
| 31 Aug 2026 | 2,196,224 | 6.7% | 9.3 |
| 14 Aug 2026 | 1,836,385 | 5.6% | 9.2 |
| 31 Jul 2026 | 1,843,596 | 5.8% | 7.4 |
| 15 Jul 2026 | 1,512,192 | 4.8% | 4.0 |
| 30 Jun 2026 | 1,802,732 | 6.8% | 2.3 |
No comments yet — be the first to weigh in on NVCT.