Dimensional Fund Advisors LP Acquires New Holdings in Chiasma Inc (CHMA)
Dimensional Fund Advisors LP acquired a new stake in Chiasma Inc (NASDAQ:CHMA) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 53,481 shares of the biotechnology company’s stock, valued at approximately $136,000. Dimensional Fund Advisors LP owned about 0.22% of Chiasma at the end of the most recent quarter.
Separately, ValuEngine upgraded Chiasma from a “strong sell” rating to a “sell” rating in a report on Friday, February 2nd.
Shares of Chiasma Inc (NASDAQ:CHMA) opened at $1.55 on Wednesday. Chiasma Inc has a fifty-two week low of $1.25 and a fifty-two week high of $2.95.
Chiasma, Inc is a biopharmaceutical company. The Company is engaged in developing and commercializing oral forms of therapies that are available only by injection. Using its Transient Permeability Enhancer (TPE) technology platform, the Company is developing oral therapies. The Company has completed a Phase III clinical trial of its TPE platform-based product candidate, oral octreotide capsules (trade named as MYCAPSSA) for the treatment of acromegaly, a condition that results in the body’s production of excess growth hormone.
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