Short interest in Eledon Pharmaceuticals Inc (NASDAQ:ELDN) increased during the last reporting period, rising from 142.85K to 960.55K. This put 2.74% of the company's publicly available shares short.

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

Based on the recent average volume of 1.22M 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.