CAPR stock price has been tracking closely with Nasdaq Biotech Index moves. This correlation suggests macro biotech sentiment is a key driver for near-term forecast models. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. Capricor Company Contact: AJ Bergmann, Chief Financial Officer [email protected] 858.727.1755 Short interest in CAPR has decreased by 8%, possibly easing downward pressure. This change could allow CAPR stock price to align with broader biotech strength and challenge the $4.40 level.
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