Petros Pharmaceuticals (PTPI) Soars 72.41% on Short Squeeze

On March 26, 2025, Petros Pharmaceuticals (PTPI) experienced a significant surge, rising 72.41% in pre-market trading.

Petros Pharmaceuticals has a notable short interest, with 3.52% of its float being sold short. This indicates a level of bearish sentiment among investors, which could potentially impact the stock's volatility.

Universe Pharmaceuticals, another company in the pharmaceutical sector, recently announced a share consolidation on a 1-for-40 basis. This move is expected to reduce the number of outstanding shares, which could potentially lead to an increase in the stock price per share. However, this news is specific to Universe Pharmaceuticals and does not directly impact Petros Pharmaceuticals.