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Disc Medicine, Inc. (NASDAQ:IRON) Sees Large Growth in Short Interest
Disc Medicine, Inc. (NASDAQ:IRON) experienced a 25.1% increase in short interest during February, reaching 4,269,919 shares, which signals elevated bearish sentiment for the stock. Despite this, analysts maintain a “Moderate Buy” rating with a consensus price target of $104.80, significantly above its current trading price of $60.04. Over the last quarter, insiders sold 206,985 shares worth $17.5M, reducing insider ownership, while institutional investors hold 83.7% of the company’s stock.