Short interest in Dermata Therapeutics Inc (NASDAQ:DRMA) increased during the last reporting period, rising from 128.36K to 142.89K. This put 7.06% 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 372.95K 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.