From MarketBeat:

Aquestive Therapeutics, Inc. experienced a significant rise in short interest in December, with short interest reaching a total of 2,070,000 shares as of December 15th. This represents a growth of 10.1% from the previous month’s total of 1,880,000 shares. The short-interest ratio is currently 6.1 days based on an average daily volume of 341,100 shares. Several analysts have offered ratings and price targets for Aquestive Therapeutics. JMP Securities reissued a “market outperform” rating and set a $8.00 price objective, while Wedbush reaffirmed an “outperform” rating and issued a $4.00 target price. Additionally, HC Wainwright increased the target price to $6.00 and gave the company a “buy” rating. A number of institutional investors have increased their stakes in Aquestive Therapeutics, with Armistice Capital LLC leading the way with a 314.5% increase in its stake. The company now has institutional ownership of 30.91%. Aquestive Therapeutics opened at $2.02 on Tuesday, with a market cap of $134.88 million and a P/E ratio of -8.08. The stock’s fifty-day moving average price is $1.88, and its two-hundred-day moving average price is $1.76. Aquestive Therapeutics recently released its quarterly earnings results, reporting ($0.03) earnings per share, which surpassed the consensus estimate of ($0.11) by $0.08. The company delivered revenue of $13.00 million during the quarter, surpassing the consensus estimate of $11.33 million. Aquestive Therapeutics has a 1 year low of $0.72 and a 1 year high of $2.69. Aquestive Therapeutics, Inc. is a pharmaceutical company that focuses on identifying, developing, and commercializing various products to address unmet medical needs. The company markets several products, including Sympazan, Suboxone, Zuplenz, and Azstarys.

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Read more: Aquestive Therapeutics, Inc. (NASDAQ:AQST) Short Interest Update