Inhibrx, Inc. Short Interest Down 5.5 percent in September

INBX Stock  USD 15.26  0.37  2.37%   
Slightly above 60% of all Inhibrx's investors are looking to take a long position. The analysis of the overall investor sentiment regarding Inhibrx suggests that some traders are interested. Inhibrx's investing sentiment can be driven by a variety of factors including economic data, Inhibrx's earnings reports, geopolitical events, and overall market trends.
  
Inhibrx, Inc. saw a significant decline in short interest in September. As of September 15th, there was short interest totalling 4,810,000 shares, a decline of 5.5 percent from the August 31st total of 5,090,000 shares. Currently, 14.4 percent of the shares of the company are sold short. Based on an average daily

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Inhibrx Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Inhibrx can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Inhibrx Fundamental Analysis

We analyze Inhibrx's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Inhibrx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Inhibrx based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Number Of Shares Shorted

Number Of Shares Shorted Comparative Analysis

Inhibrx is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Inhibrx Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Inhibrx stock to make a market-neutral strategy. Peer analysis of Inhibrx could also be used in its relative valuation, which is a method of valuing Inhibrx by comparing valuation metrics with similar companies.

Peers

Inhibrx Related Equities

GLUEMonte Rosa   13.72   
0%
100.0%
OPTOpthea   10.81   
0%
78.0%
LYELLyell Immunopharma   3.26   
0%
23.0%
IKNAIkena Oncology   2.37   
0%
17.0%
STOKStoke Therapeutics   1.68   
0%
12.0%
HOWLWerewolf Therapeutics   1.52   
0%
11.0%
ANEBAnebulo Pharmaceuticals   0.70   
0%
5.0%
DSGNDesign Therapeutics   0.50   
0%
3.0%
MRUSMerus BV   0.29   
2.0%
0%
CELCCelcuity LLC   0.39   
2.0%
0%
CRNXCrinetics Pharmaceuticals   0.81   
5.0%
0%
KRONKronos Bio   1.04   
7.0%
0%
ELYMEliem Therapeutics   1.30   
9.0%
0%
VRDNViridian Therapeutics   1.46   
10.0%
0%
PTGXProtagonist Therapeutics   2.56   
18.0%
0%
MLYSMineralys Therapeutics,   2.59   
18.0%
0%
ELVNEnliven Therapeutics   4.05   
29.0%
0%
LRMRLarimar Therapeutics   4.67   
34.0%
0%

Additional Tools for Inhibrx Stock Analysis

When running Inhibrx's price analysis, check to measure Inhibrx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inhibrx is operating at the current time. Most of Inhibrx's value examination focuses on studying past and present price action to predict the probability of Inhibrx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inhibrx's price. Additionally, you may evaluate how the addition of Inhibrx to your portfolios can decrease your overall portfolio volatility.