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Baudax Bio saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 2,490,000 shares, a decline of 29.9% from the previous total of 3,550,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.
WHAT IS BAUDAX BIO'S FLOAT SIZE?
Baudax Bio currently has issued a total of 70,143,000 shares. Some of Baudax Bio's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Baudax Bio currently has a public float of 69,550,000 shares.