Dominari Holdings Inc. (NASDAQ:DOMH – Get Free Report) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 301,300 shares, a drop of 68.4% from the February 13th total of 952,800 shares. Based on an average daily volume of 1,530,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 3.8% of the shares of the company are sold short.
Dominari Stock Down 10.3 %
DOMH traded down $0.54 during midday trading on Friday, reaching $4.71. The company had a trading volume of 1,033,132 shares, compared to its average volume of 2,048,632. Dominari has a 1 year low of $0.83 and a 1 year high of $13.58. The company has a market cap of $51.40 million, a P/E ratio of -1.22 and a beta of 1.08. The business has a 50-day moving average of $4.93 and a two-hundred day moving average of $2.80.
Dominari Dividend Announcement
The company also recently announced a dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were paid a dividend of $0.32 per share. The ex-dividend date was Monday, February 24th.
Institutional Investors Weigh In On Dominari
About Dominari
Dominari Holdings Inc, a biotechnology company, focuses on developing small-molecule anticancer therapeutics. The company's pipeline of therapeutics includes therapies for prostate cancer, pancreatic cancer, acute myeloid leukemia (AML), and acute lymphoblastic leukemia. It is developing DHA-dFdC, a pancreatic drug candidate; and KPC34, a small molecule treatment for acute myeloid leukemia and acute lymphoblastic leukemia.
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