Short Interest in Standard BioTools Inc. (NASDAQ:LAB) Declines By 18.5%

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Short interest in Standard BioTools Inc. (NASDAQ:LAB) decreased by 18.5% in March, totaling 8,281,198 shares as of March 13th. Institutional investors now own about 53.74% of the stock, with several large investors increasing their stakes. The company recently beat revenue and EPS estimates but remains unprofitable, with analysts holding a consensus “Reduce” rating and a target price of $1.35.

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