The 6 Most Shorted Nasdaq Stocks
As summer began to wind to a close, short selling perked up, at least among the most shorted stocks traded on the Nasdaq.
NASDAQ: DCTH
Delcath Systems, Inc. is an interventional oncology company focused on the treatment of primary and metastatic liver cancers. Its proprietary products include HEPZATO KIT (melphalan for Injection/Hepatic Delivery System), an FDA-approved combination drug and device product used for percutaneous hepatic perfusion (PHP) in the United States, and CHEMOSAT Hepatic Delivery System for Melphalan, a Class III medical device approved in Europe for use in PHP procedures. Both products are designed to deliver high-dose chemotherapy directly to the liver while filtering hepatic venous blood to minimize systemic exposure and associated side effects. HEPZATO KIT is currently approved for adult patients with metastatic uveal melanoma with unresectable hepatic metastases, and the company is expanding its clinical program into breast cancer and other indications with liver-dominant disease. Delcath operates through a growing network of active treatment centers and is debt-free with a substantial cash and investment position. Updated
As summer began to wind to a close, short selling perked up, at least among the most shorted stocks traded on the Nasdaq.
Short sellers shied away from the two most shorted stocks traded on the Nasdaq between the latest settlement dates, but they moved on other short seller favorites.
DryShips, Merrimack Pharma, Gevo, Delcath Systems post new 52-week lows Friday.
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Delcath Systems, Inc. is an interventional oncology company focused on the treatment of primary and metastatic liver cancers.