ORIC

Oric Pharmaceuticals, Inc. Common Stock

Basic Materials · Pharmaceutical Preparations
$8.48+0.34% today
AI Take · AlgoThesis

ORIC trades at a $0.9B market cap with an astonishing 21.42% short interest—nearly a quarter of float—suggesting significant skepticism from institutional bears. The RSI of 40.3 indicates neither oversold nor overbought conditions, landing in neutral territory, while the stock trades well below its 52-week high with no meaningful P/E ratio, implying unprofitability or losses. This combination of heavy short exposure, modest valuation size, and depressed positioning relative to recent peaks creates classic squeeze dynamics: if clinical data or catalysts shift sentiment, the compressed short position could trigger rapid repricing. The lack of earnings and the biotech sector's inherent volatility make this a speculative situation driven by pipeline narrative rather than fundamental earnings power.

Snapshot

Market cap
$874.7M
P/E
Forward P/E
EPS (TTM)
$-1.43
Dividend yield
Net margin
ROE
-35.3%
RSI (14)
40
Beta
1.18
Short % of float
21.4%
Days to cover
15.5
52w high
No

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