Short interest in Dermata Therapeutics Inc (NASDAQ:DRMA) decreased during the last reporting period, falling from 90.16K to 56.85K. This put 2.81% of the company's publicly available shares short.

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

Based on the recent average volume of 90.51K 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.