Short interest in Processa Pharmaceuticals Inc (NASDAQ:PCSA) decreased during the last reporting period, falling from 73.06K to 71.56K. This put 2.41% 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 32.84K shares traded per day, it would take 2.18 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.