Why is $INM stock up today?

InMed Pharmaceuticals Inc. Common Shares · PHARMACEUTICAL PREPARATIONS

Why is $INM up today?

The likely driver

Merger / acquisition agreement

InMed Pharmaceuticals Inc.: c/o Norton Rose Fulbright Canada LLP

SEC filing · Sep 18

The numbers behind the move

Short interest

1.2% of float

Days to cover

1.0d

Float

2.8M · Ultra-low

Float rotation

0.0x

Dilution

Heavy

Insider buying

12 open-market

INM: a ultra-low 2.8M-share float, active share dilution on file, 12 open-market insider buys.

Price

$1.37

Move today

+3.4%

Volume vs avg

0.0x

Scanner alerts today

Flagged in 30 days

Market cap

$7M

Prev close

$1.32

Avg volume

957K

Nothing has triggered on INM yet in this session. Our scanner has flagged it 3 times in the last 30 days , most recently on October 14 for big percentage moves, unusual volume, which is why this page is here. See the full INM page for the chart and the alert history.

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Move and volume are based on the latest market data and refresh live on this page. Scanner alerts are our own real-time unusual-volume signals. This is research, not investment advice.