Moleculin Retains Shareholder Intelligence Services, LLC To Investigate Potential Naked Short Selling
Portfolio Pulse from Happy Mohamed
Moleculin Biotech, Inc. (NASDAQ:MBRX) has hired Shareholder Intelligence Services, LLC to investigate potential naked short selling of its stock. The analytics firm will provide data on share ownership, purchases, sales, and custody, as well as other information related to the company's public shareholders and market activity.
August 07, 2023 | 12:43 pm
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Moleculin Biotech has hired an analytics firm to investigate potential naked short selling of its stock. This could potentially lead to regulatory actions and impact the stock's price.
The investigation into potential naked short selling could lead to regulatory actions if illegal activities are discovered. This could cause volatility in the stock's price in the short term. However, the impact on the stock's price will depend on the outcome of the investigation.
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