Short interest in Processa Pharmaceuticals Inc (NASDAQ:PCSA) increased during the last reporting period, rising from 61.94K to 163.57K. This put 5.5% of the company's publicly available shares short.

Short interest for Processa Pharma gives investors a sense of the degree to which investors are betting on the decline of Processa Pharma's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 256.01K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.