Jan. 13 at 11:09 AM
$TOVX Short interest is around 15–22%, meaning a good chunk of traders are betting the stock will fall. If real catalysts hit — like FDA progress or a partnership — some shorts may rush to cover their positions, which could push the stock higher quickly.
It’s not guaranteed, but with year-low prices and positive Phase 2 results, any strong news could create extra upward momentum.