Chardan Capital Markets gives a Buy recommendation for Durect Corp (DRRX)

Durect Corp’s filing revealed that its 10% Owner ASEN R SCOTT acquired Company’s shares for reported $0.22 million on Aug 21 ’25. In the deal valued at $1.90 per share,116,612 shares were bought. As a result of this transaction, ASEN R SCOTT now holds 2,666,612 shares worth roughly $5.17 million.

Then, ASEN R SCOTT bought 87,608 shares, generating $165,360 in total proceeds. Upon buying the shares at $1.89, the 10% Owner now owns 970,000 shares.

Chardan Capital Markets initiated its Durect Corp [DRRX] rating to a Buy in a research note published on October 30, 2020; the price target was $7. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. Oppenheimer began covering DRRX with “an Outperform” recommendation on July 31, 2020. B. Riley FBR started covering the stock on January 31, 2020. It rated DRRX as “a Buy”.

Price Performance Review of DRRX

On Monday, Durect Corp [NASDAQ:DRRX] saw its stock jump 1.04% to $1.94. Over the last five days, the stock has gained 2.11%. Durect Corp shares have risen nearly 45.32% since the year began. Nevertheless, the stocks have risen 158.67% over the past one year. While a 52-week high of $2.64 was reached on 07/29/25, a 52-week low of $0.48 was recorded on 05/28/25.

Levels Of Support And Resistance For DRRX Stock

The 24-hour chart illustrates a support level at 1.9124, which if violated will result in even more drops to 1.8848. On the upside, there is a resistance level at 1.9538. A further resistance level may holdings at 1.9676.

How much short interest is there in Durect Corp?

A steep rise in short interest was recorded in Durect Corp stocks on 2025-07-31, dropping by -0.39 million shares to a total of 0.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 0.79 million shares. There was a decline of -96.36%, which implies that there is a negative sentiment for the stock.

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