Short Interest in Clearmind Medicine Inc. (NASDAQ:CMND) Rises By 453.7%

Clearmind Medicine Inc. (NASDAQ:CMNDGet Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 620,700 shares, a growth of 453.7% from the December 31st total of 112,100 shares. Approximately 21.0% of the company’s shares are sold short. Based on an average trading volume of 1,140,000 shares, the short-interest ratio is currently 0.5 days.

Clearmind Medicine Price Performance

NASDAQ:CMND traded down $0.02 during trading hours on Tuesday, reaching $1.37. 193,584 shares of the company were exchanged, compared to its average volume of 224,420. The stock has a 50 day simple moving average of $1.40 and a 200 day simple moving average of $1.40. Clearmind Medicine has a 52-week low of $0.95 and a 52-week high of $2.30. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.71 and a current ratio of 1.71.

Clearmind Medicine (NASDAQ:CMNDGet Free Report) last posted its earnings results on Wednesday, January 22nd. The company reported ($0.11) earnings per share (EPS) for the quarter.

Clearmind Medicine Company Profile

(Get Free Report)

Clearmind Medicine Inc, a clinical pharmaceutical company, develops novel psychedelic medicines to treat under-served health problems in Canada and internationally. It develops treatments for alcohol use disorders, mental health disorder, binge drinking, obesity and metabolic disorder, and eating disorders, as well as depression, binge eating, psychotherapy, and other addiction and binge behaviors.

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