Why Did Scinai Immunotherapeutics Ltd. (SCNI) Soar 12.92%?

On August 21, 2025, Scinai Immunotherapeutics Ltd. American Depositary Shares (SCNI) surged by 12.92% in pre-market trading, marking a significant rise in its stock price.

Scinai Immunotherapeutics Ltd. has seen notable fluctuations in its stock price, with a 52-week high of $6.18 and a 52-week low of $1.40. The company's stock price on August 19, 2025, was $1.54, reflecting a 0.65% increase from the previous trading day.

Scinai Immunotherapeutics has a substantial short interest, with 275,400 shares shorted, representing 70.43% of the float. This high short interest indicates significant bearish sentiment among investors, which could contribute to volatility in the stock price.

On August 20, 2025, Scinai Immunotherapeutics' stock price moved upwards by 5.8% to $1.64, driven by positive market sentiment and investor interest. The market value of their outstanding shares is at $1.4 million, reflecting the company's current market capitalization.