CervoMed Inc’s filing revealed that its CFO, GC & Secretary ELDER WILLIAM ROBERT acquired Company’s shares for reported $35811.0 on May 14 ’25. In the deal valued at $8.46 per share,4,233 shares were bought. As a result of this transaction, ELDER WILLIAM ROBERT now holds 5,500 shares worth roughly $47685.0.
Then, ELDER WILLIAM ROBERT bought 1,000 shares, generating $18,160 in total proceeds. Upon buying the shares at $18.16, the CFO & GC now owns 1,267 shares.
Chardan Capital Markets upgraded its CervoMed Inc [CRVO] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Neutral”. Morgan Stanley also remained covering CRVO and has decreased its forecast on December 11, 2024 with a “an Underweight” recommendation from previously “an Overweight” rating. Chardan Capital Markets revised its rating on December 11, 2024. It rated CRVO as “a Neutral” which previously was an “a Buy”.
Price Performance Review of CRVO
On Monday, CervoMed Inc [NASDAQ:CRVO] saw its stock fall -3.45% to $8.67. Over the last five days, the stock has gained 2.85%. CervoMed Inc shares have fallen nearly -41.62% since the year began. Nevertheless, the stocks have risen 270.51% over the past one year. While a 52-week high of $20.63 was reached on 03/21/25, a 52-week low of $1.80 was recorded on 03/11/25.
Levels Of Support And Resistance For CRVO Stock
The 24-hour chart illustrates a support level at 7.13, which if violated will result in even more drops to 5.59. On the upside, there is a resistance level at 11.67. A further resistance level may holdings at 14.67.
How much short interest is there in CervoMed Inc?
A steep rise in short interest was recorded in CervoMed Inc stocks on 2025-07-15, dropping by -0.16 million shares to a total of 0.11 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 0.27 million shares. There was a decline of -147.34%, which implies that there is a negative sentiment for the stock.
