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Tvardi Therapeutics, Inc.

corporate_fare Company Profile

Tvardi Therapeutics, Inc.

TVRD·NASDAQ·Life Sciences·CIK 0001346830

The company is a clinical-stage biopharmaceutical company focused on developing new oral, small molecule therapies. These therapies target Signal Transducer and Activator of Transcription 3 (STAT3) to treat inflammatory and proliferative diseases where current treatments are insufficient. The company's approach directly inhibits STAT3, a target that has historically been difficult to drug. Its pipeline includes two oral, small molecule STAT3 inhibitors: TTI-101 and TTI-109. TTI-101 is a first-generation direct STAT3 inhibitor currently in Phase 1b/2 clinical development for hepatocellular carcinoma (HCC). TTI-109 is a phosphate prodrug of TTI-101, designed to enhance STAT3 targeting while maintaining the same mechanism of action. An Investigational New Drug (IND) application for TTI-109 was filed in June 2025, and a Phase 1 trial in healthy volunteers evaluating safety, tolerability, pharmacokinetics, and bioequivalence to TTI-101 was initiated after FDA acceptance. Topline data from this trial is expected in the second quarter of 2026, after which the clinical indication for TTI-109 will be announced. The company is currently enrolling patients in the REVERT LIVER CANCER Phase 1b/2 clinical trial of TTI-101 in patients with HCC. The anticipated data readout for this trial has been extended from the first half of 2026 to the second half of 2026 to allow for data maturation, including longitudinal and translational assessments, characterization of durability, and dose optimization, potentially adding up to 15 participants in the monotherapy arm.

Tvardi Therapeutics, Inc. (NASDAQ:TVRD) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 17 items for TVRD at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-14, rated 8/10. Across its 17 most recent items scored 7 or higher, the top rating is 9/10, with 10 rated 8 or above. Recent SEC coverage for TVRD spans 10-Q, 8-K, 424B5, S-3.

Recent high-impact activity:

  • Tvardi Q2 10-Q: Going Concern Warning and Material Weaknesses Persist
  • Tvardi Posts Q2 Loss, Extends Cash Runway to Q3 2027, and Selects UC for TTI-109
  • Tvardi Posts Q2 Loss, Picks Ulcerative Colitis for Lead STAT3 Drug
  • Tvardi Selects Ulcerative Colitis as Lead Indication for STAT3 Inhibitor TTI-109
  • Tvardi Expands ATM by $9.7M After Burning Through $11M in Prior Sales

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$18.21M
Diluted EPS
-$3.26
Op. Cash Flow
-$23.5M
Operating Income
-$26.75M
Cash & Equivalents
$20.73M
Debt / Equity
0.00×
Shares Outstanding
9.38M sh
Source: 10-K · filed 2026-03-31 · accession 0001104659-26-037729

Short Interest & Short Volume

2.29 days to cover

FINRA reported short interest of 255,526 shares in TVRD as of the September 15, 2026 settlement, a 3.6% decrease from the prior period — about 2.3 days to cover at its recent average daily volume. On October 2, 2026, 87.1% of TVRD volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)255,526 shares as of September 15, 2026
Change vs prior period▼ 3.6%
Days to cover2.29 at avg daily volume of 111,784
Daily short volume (FINRA facilities)87.1% of 222,473 shares on October 2, 2026
5-day average short volume61.4%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for TVRD, detected from its recent SEC filings · based on capital-structure filings through 2026-07-17.

1 recent capital raiseATM program1 shelf registration

New ATM Prospectus for $9.7M · Prior ATM Sales of $11M

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$1.17 +0.02% today
52-week range · as of 2026-08-14 $1.17 – $43.65
Market cap
$15.34M
Volume
313.8K (1.6× avg)
3-mo avg 198.9K
Live data · 2026-10-05 04:25 UTC · Market overnight

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feed TVRD - Latest Insights

TVRD
Aug 14, 2026, 7:10 AM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $1.82
Real-time Price: $1.17 info
Change: -$0.650 (-36%) info
Market Cap: $15.34M info
TVRD
Aug 14, 2026, 7:05 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.82
Real-time Price: $1.17 info
Change: -$0.650 (-36%) info
Market Cap: $15.34M info
TVRD
Aug 14, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $1.82
Real-time Price: $1.17 info
Change: -$0.650 (-36%) info
Market Cap: $15.34M info
TVRD
Jul 30, 2026, 7:30 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $2.07
Real-time Price: $1.17 info
Change: -$0.900 (-43%) info
Market Cap: $15.34M info
TVRD
Jul 17, 2026, 4:13 PM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $3.15
Real-time Price: $1.17 info
Change: -$1.98 (-63%) info
Market Cap: $15.34M info
TVRD
Jul 17, 2026, 4:05 PM EDT
Filing Type: 424B5
Importance Score:
7
Price at Filing: $3.16
Real-time Price: $1.17 info
Change: -$1.99 (-63%) info
Market Cap: $15.34M info
TVRD
Jul 07, 2026, 7:13 AM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $2.05
Real-time Price: $1.17 info
Change: -$0.880 (-43%) info
Market Cap: $15.34M info
TVRD
Jul 07, 2026, 7:02 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $2.17
Real-time Price: $1.17 info
Change: -$1.00 (-46%) info
Market Cap: $15.34M info
TVRD
May 08, 2026, 7:10 AM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $4.00
Real-time Price: $1.17 info
Change: -$2.83 (-71%) info
Market Cap: $15.34M info
TVRD
May 08, 2026, 7:05 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $4.00
Real-time Price: $1.17 info
Change: -$2.83 (-71%) info
Market Cap: $15.34M info
TVRD
May 08, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $4.00
Real-time Price: $1.17 info
Change: -$2.83 (-71%) info
Market Cap: $15.34M info
TVRD
May 01, 2026, 4:05 PM EDT
Filing Type: S-3
Importance Score:
9
Price at Filing: $3.14
Real-time Price: $1.17 info
Change: -$1.97 (-63%) info
Market Cap: $15.34M info
TVRD
Apr 01, 2026, 6:01 AM EDT
Filing Type: 424B3
Importance Score:
9
Price at Filing: $3.26
Real-time Price: $1.17 info
Change: -$2.09 (-64%) info
Market Cap: $15.34M info
TVRD
Mar 31, 2026, 4:12 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $3.05
Real-time Price: $1.17 info
Change: -$1.88 (-62%) info
Market Cap: $15.34M info
TVRD
Mar 31, 2026, 4:10 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $3.01
Real-time Price: $1.17 info
Change: -$1.84 (-61%) info
Market Cap: $15.34M info
TVRD
Mar 31, 2026, 4:09 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $3.00
Real-time Price: $1.17 info
Change: -$1.83 (-61%) info
Market Cap: $15.34M info
TVRD
Jan 16, 2026, 6:04 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.63
Real-time Price: $1.17 info
Change: -$3.46 (-75%) info
Market Cap: $15.34M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets