Eli Lilly Stock News

BFT Financial Group LLC decreased its holdings in Eli Lilly and Company (NYSE:LLY) by 3.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,383 shares of the companys stock after selling 77 shares during the quarter. BFT Financial Group LLCs holdings in []

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SAN FRANCISCO and SUZHOU, China , Nov. 22, 2021 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high quality medicines for the treatment of oncology, metabolic, autoimmune and other major diseases, announces the Company''s stock is included in the Hang Seng China Enterprises Index (HSCEI) according to the Hang Seng Indexes Company''s latest results of review. The inclusion will take effect on December 6, 2021 . The HSCEI is one of the most influential indexes in the Hong Kong and global stock markets, as constituted by 50 leading China enterprises listed on the Hong Kong Stock Exchanges with outstanding market cap and trading volume. Innovent is the first and only biopharmaceutical company listed under Chapter 18A of the Hong Kong Stock Exchanges to be included in the HSCEI, and the inclusion could indicate potential additional capital inflow from passive index funds. Mr. Ronald Ede , Executive Director and CFO of Innovent, stated, "We are excited that our stock is included into the HSCEI, following the successful inclusion in the Hang Seng Composite Index and the Stock Connect last year.

Eli Lilly and Company (NYSE:LLY) was the recipient of a significant increase in short interest in the month of October. As of October 29th, there was short interest totalling 8,840,000 shares, an increase of 34.6% from the October 14th total of 6,570,000 shares. Based on an average daily volume of 2,660,000 shares, the days-to-cover ratio []

First Midwest Bank Trust Division cut its holdings in Eli Lilly and Company (NYSE:LLY) by 0.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,997 shares of the company’s stock after selling 79 shares during the period. […]

Windsor Group LTD lifted its stake in Eli Lilly and Company (NYSE:LLY) by 0.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 66,188 shares of the company’s stock after acquiring an additional 294 shares during the period. Eli Lilly […]

BMO Capital Markets started coverage on shares of Eli Lilly and (NYSE:LLY) in a research note published on Thursday, PriceTargets.com reports. The firm issued an outperform rating and a $311.00 price target on the stock. Other equities analysts have also issued research reports about the stock. Morgan Stanley raised their price objective on shares of []

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LOWER GWYNEDD, Penn. , Nov. 19, 2021 /PRNewswire/ -- Tavotek Biotherapeutics, a fast-growing biotech company, announces it has raised $35M in Round B financing. CS Capital, a leading private equity fund manager in China, led this finance round followed by Fontus Capital. This round of financing will be used to accelerate the Phase 1 clinical development of several antibody drugs to start in early 2022. The upcoming antibody drugs were developed by the company based on its TavoPrecise antibody platform for various immune-related disorders. In addition, the funding will also be used to accelerate the CMC and IND development of multiple other oncology pipelines and the development of the company''s multicyclic intracellular peptide (MIP) programs. Tavotek Biotherapeutics, established in early 2019, is committed to using innovation to improve the well-being of patients with unmet medical needs. The company has two R&D centers: one in Lower Gwynedd, Pennsylvania and another in Suzhou, China.

Collective Family Office LLC trimmed its holdings in shares of Eli Lilly and Company (NYSE:LLY) by 7.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,709 shares of the companys stock after selling 128 shares during the quarter. Collective Family Office LLCs holdings []

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