Short interest in Lyra Therapeutics Inc (NASDAQ:LYRA) decreased during the last reporting period, falling from 4.15M to 2.96M. This put 5.65% of the company's publicly available shares short.

Short interest for Lyra Therapeutics gives investors a sense of the degree to which investors are betting on the decline of Lyra Therapeutics's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 896.75K shares traded per day, it would take 3.3 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.