ONON is trading at $46.00 (+1.57%) in pre-market after a February 15 report revealed short interest fell 29.1% in January.
- Short interest dropped to 15,977,303 shares with a short-interest ratio of 3.4 days, while institutional buying activity has reportedly increased.
- The stock previously closed at $45.29 (+2.30%) on February 13 amid neutral technical indicators and mild gains in broader market futures.
- No other major company-specific news or catalysts have been reported for the current session.