Days-to-cover ratio for KALA surges to 6.61 due to rise in short interest

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Kala Bio Inc shares valued at $18,089 were sold by Kharabi Darius on Jun 24 ’25. At $4.01 per share, Kharabi Darius sold 4,511 shares. The insider’s holdings dropped to 62,566 shares worth approximately $0.32 million following the completion of this transaction.

Also, Reumuth Mary sold 3,631 shares, netting a total of over 14,560 in proceeds. Following the sale of shares at $4.01 each, the insider now holds 62,100 shares.

Before that, Bazemore Todd had sold 4,058 shares from its account. In a trade valued at $16,273, the insider traded Kala Bio Inc shares for $4.01 each. Upon closing the transaction, the insider’s holdings decreased to 4,058 shares, worth approximately $0.43 million.

As published in a research note from JP Morgan on March 30, 2022, Kala Bio Inc [KALA] has been rated down from a Neutral to an Underweight. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early August. As of September 14, 2020, Jefferies has decreased its “Buy” rating to a “Hold” for KALA. Earlier on July 23, 2020, Northland Capital initiated its rating. Their recommendation was “an Outperform” for KALA stock.

Analyzing KALA Stock Performance

On last trading session, Kala Bio Inc [NASDAQ: KALA] rose 0.99% to $5.1. The stock’s lowest price that day was $5.05, but it reached a high of $5.38 in the same session. During the last five days, there has been a drop of approximately -2.95%. Over the course of the year, Kala Bio Inc shares have dropped approximately -25.98%. Shares of the company reached a 52-week high of $11.20 on 02/10/25 and a 52-week low of $2.92 on 04/22/25.

Support And Resistance Levels for Kala Bio Inc (KALA)

According to the 24-hour chart, there is a support level at 4.97, which, if violated, would cause prices to drop to 4.85. In the upper region, resistance lies at 5.30. The next price resistance is at 5.51. RSI (Relative Strength Index) is 62.33 on the 14-day chart, showing neutral technical sentiment.

Is Kala Bio Inc subject to short interest?

Stocks of Kala Bio Inc saw a sharp rise in short interest on 2025-06-13 jumping by 9532.0 shares to 0.3 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.29 million shares. A jump of 3.22% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.61 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.61.

Which companies own the most shares of Kala Bio Inc (KALA)?

In terms of Kala Bio Inc share price expectations, FactSet research, analysts set an average price target of 7.5 in the next 12 months, up nearly 48.51% from the previous closing price of $5.05. Analysts anticipate Kala Bio Inc stock to reach 7.5 by 2025, with the lowest price target being 7.5. In spite of this, 4 analysts ranked Kala Bio Inc stock as Buy at the end of 2025. On June 01, 2020, Oppenheimer assigned a price target of “an Outperform” to the stock and resumed coverage with a $21.

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