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Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.
Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.
About 4.75% of SLRX shares are held by financial institutions. RENAISSANCE TECHNOLOGIES LLC is the top corporate investor, holding 634.26K shares valued at $124.00K. A 1.13% stake in Salarius Pharmaceuticals, Inc. is owned by the company. GEODE CAPITAL MANAGEMENT, LLC owns 413.14K shares valued at $80.00K, which translates its holding of 0.74% of the stake in the company.
Among the SLRX insiders holding of 2.08% of the stake in company, BOSTON FOUNDATION, INC., 10 percent owner, holds the largest shares of 1.6M. MACKINNON RODERICK, director, is the second largest SLRX insider with ownership of 431.28K shares. NORTHRUP JONATHAN P, director, stands third with possession of 352.71K shares of that stake.