CELC News & Events

Welcome to this week's installment of "The Short Interest Report" - The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partnerwhich utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was down 0.5%, the Nasdaq Composite was down 0.4%, the Russell 2000 index was up 1.7%, the Russell 2000 Growth ETFwas up 1.6%, and the Russell 2000 Value ETFwas up 1.8% in the four-day trading session range through January 22.SHORT INTEREST GAINERSAs profiled last week, Ortex-reported short interest on Celcuityhad troughed at a three-month low below 20% in the final week of November, followed by a gradual ascend that picked up speed in the first half of January. The bears demonstrated greater resolve as the percentage of short interest to free float had jumped from 23.7% to 28.8% last week, and this week, the trend continued, with short interest gaining another three percentage points to 31.8% - now less than two points away from 2025 highs just north of 33%. With trading volume holding steady, days-to-cover on the name also continued to climb, rising from 5.0 to 6.0. The stock, meanwhile, was up 5.2% in the four-day period covered through Thursday and has now gained 10.3% year-to-date.Ortex-reported short interest on Intuitive Machineshad tracked in the 20%-23% range from the first week of December just beyond the half-way point of January, though this week has seen a spike in short positioning from 23.0% all the way above 28% - the highest level since September of 2024. Days-to-cover on the name is down notably however, slipping from 5.0 to 4.6 amid a more pronounced period of trading volume activity since mid-December. The stock has nearly tripled since its mid-November lows, rising from $8 per share to over $22, though while the bears were initially prone to reduce exposure, shorts are increasingly re-establishing positions in the new year. This week, Intuitive Machines shares were up another 5.7% in the four-day period covered, with year-to-date gain now seen at 23%.SHORT INTEREST DECLINERSOrtex-reported short interest on Redwirepeaked around 31% in the first week of January as bears looked to fade the 40% advance in the first few days of the new year, but as shares continued to climb, exuberance on the short side gave way to caution. This week, short positioning as a percentage of free float for Redwire fell from 26.4% to 21.8% - the lowest level since mid-November. Days to cover also scaled back to 3.2 from 3.8, even with trading volumes on the stock remaining well above normal ranges. The stock, meanwhile, picked up another 10% in the four-day period through Thursday and now stands having gained 18% from short interest peak on January 6th, 65% year-to-date, and 158% from mid-November lows.Ortex-reported short interest on Rezolve AIskyrocketed from 8% in the first week of December to an all-time high above 32% by mid-January as the stock also more than doubled in that timespan. With shares rolling over this week in conjunction with the company's announced $250M registered direct offering however, bears are also booking profits - short interest as a percentage of free float has declined from 32.3% all the way down to 21.3%, while days-to-cover on the name is down from 4.2 to 1.8. Rezolve AI has lost 25% in the four-day period covered and more than half of its value since the stock's peak in mid-September, though year-to-date in 2026, shares are still up 22%.

Celcuity announced that the U.S. Food and Drug Administration, FDA, has accepted for filing its New Drug Application, NDA, for gedatolisib in hormone receptor positive, human epidermal growth factor receptor 2 negative, PIK3CA wild-type advanced breast cancer. The FDA granted Priority Review and assigned a Prescription Drug User Fee Act goal date of July 17, 2026. The NDA was submitted under the FDA's Real-Time Oncology Review program, which is intended to facilitate shorter regulatory review periods. Gedatolisib previously received both Breakthrough Therapy and Fast Track designations based on promising preliminary clinical data. The submission is based on clinical data from the PIK3CA wild-type cohort of the Phase 3 VIKTORIA-1 clinical trial.

Welcome to this week's installment of "The Short Interest Report" - The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner, which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was up 0.3%, the Nasdaq Composite was up 0.2%, the Russell 2000 index was up 2.7%, the Russell 2000 Growth ETFwas up 2.7%, and the Russell 2000 Value ETFwas up 2.9% in the five-day trading session range through January 15.SHORT INTEREST GAINERSOrtex-reported short interest on Under Armourhas been on a steady uptrend throughout the second half of 2025, rising from below 15% level in late June of 2025 to above 30% by mid-December. The final week of December and the first week of January had seen the growth in bearish positioning flatline, but this week, short interest as a percentage of free float on Under Armour hit record highs, spiking from 29.3% to 35.5%. Concurrently, elevated trading volume in the name resulted in days-to-cover on Under Armour falling from 7.9 to 7.1 - a three-week low. The stock traded down 4.0% in the five-day period covered through Thursday, though shares were up nearly 50% from late November trough and are still up 16% year-to-date in 2026.Ortex-reported short interest in United Parks & Resortstroughed at a two-month low of 19.2% on November 20, matching the 2025-low for the stock price. A 5% passive stake disclosed by Golden Tree Asset Management since then has helped the stock price bounce back, with shares now up 28% from those lows, though bearish positioning on the name has also tracked the higher stock price to the upside. This week, short positioning as a percentage of free float on the name accelerated its rise, gaining from 23.2% to a multi-year high of 27% while matching the exchange short interest data, which reached that level as of December-end. The stock was up 3.3% in the five-day period covered and has now gained 4.3% in 2026.Staying with the theme-park theme, Six Flags Entertainmenthas also seen an uncharacteristically steep bounce in bearish positioning in concert with a rebound in the stock. Ortex-reported short interest on the name has similarly reached an intermediate low in mid-November around 19%, matching the 2025 lows in shares, and the rebound in the stock has been comparably steep. Short position as a percentage of free float in Six Flags was up from 21.5% to 24.5% - a multi-month high. The stock, meanwhile, was up 3.9% in the five-day period covered, with shares up a similarly dramatic 32% from its November lows.Ortex-reported short interest on Celcuityhad troughed at a three-month low below 20% in the final week of November, followed by a gradual ascend that also included a one-point of 23.7%-24.7% from December 10 through the first week of January. This week however, the bears are showing more resolve, with shorts as a percentage of free float jumping from 23.7% to 28.8% - a two-month high. Days-to-cover on the name rose from 4.4 to 4.9 despite steady volume to start 2026. The stock has had a strong start to 2026 with a 7.2% gain, though in the five-day period covered, Celcuity was up just 0.6%, also registering an outsized loss on Thursday.SHORT INTEREST DECLINERSOrtex-reported short interest in NuScale Powerhas been on the back foot since mid-November as bears have largely been booking profits into year-end with shares moving decisively lower. A bounce in the stock price to start the year however has only brought on more covering among the shorts, and this week, bearish positioning as a percentage of free float was down from 25.4% to 21.8% - the lowest level since November 24 and within two percentage points of a five-month low. The stock was down 3.9% in the five-day period covered through Thursday of this week, but year-to-date, NuScale Power is up 42%.

Celcuity files automatic mixed securities shelf