NASDAQ · TENXHealthcarePharmaceuticals

Tenax Therapeutics, Inc. (TENX)

$1.81−1.63%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$1.81▼ 74.20% in range
Nov 4, 2025Low $1.36 · High $18.32Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

Tenax Therapeutics closed at $1.81 on Nov 4, down 1.63%, 90.1% below its 52-week closing high. Volume of 1.2M shares was 0.60× its 20-day average (below normal).

Split-adjusted performance: -6.2% over one month, -84.9% over six months, -74.8% over one year.

Short interest was 7.2M shares at the Oct 15 settlement (20.4% of float, 3.2 days to cover).

Market cap$67.7M37.4M shares
Revenue · quarter$0.00—
Diluted EPS$-0.35—
P/E · TTM—
Net margin—
Dividend yieldNone
52-week range1.36 – 18.32−90.1% from high
Volume1.2M0.60× 20-day avg
Volatility · 60d95.4%Annualised
Short % of float20.4%3.2 days to cover
Net cash$118.0MCash $118.0M
Next earnings—Not scheduled
Split-adjusted performance
1W −3.7%1M −6.2%3M −86.4%6M −84.9%YTD −85.2%1Y −74.8%3Y −88.6%5Y −99.9%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Pharmaceuticals

Percentile among 420 companies (100 = best)

6-month momentum5
Revenue growth—
Net margin—
Value (low P/E)—
Size37

Industry medians: 6-month return −25.5%, revenue growth +6.2%, net margin −33.8%, P/E 16.1×.

Short interest

Details →
Shares short7.2M+0.7% vs prior
Days to cover3.2Settled Oct 15
% of float20.4%
Short vol. 10d54.5%of daily volume

Closest peers by size in Pharmaceuticals

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
TENXTenax Therapeutics$1.81−1.63%−84.9%———$67.7M
CPIXCumberland Pharmaceuticals$4.44+3.02%+1.6%−56.3%−2569.0%—$66.5MCompare
CRBPCorbus Pharmaceuticals Holdings$3.57−7.75%−67.3%———$69.0MCompare
CINGCingulate$4.56−3.39%−14.4%———$66.3MCompare
RANIRani Therapeutics Holdings$0.5728+3.06%−40.3%—−432.7%—$66.1MCompare
FBIOFortress Biotech$1.97+1.55%−22.7%+14.0%−13.2%0.6$65.7MCompare
MAIAMAIA Biotechnology$1.14+5.56%−15.6%———$70.4MCompare
PMVPPMV Pharmaceuticals$1.33−3.99%−8.6%———$70.8MCompare
TELOTelomir Pharmaceuticals$0.8750−3.85%−34.7%———$64.5MCompare

Quick answers

What does Tenax Therapeutics do?
Tenax Therapeutics Inc is a phase three, development-stage pharmaceutical company focused on identifying and developing therapeutics that address cardiovascular and pulmonary diseases with high unmet medical need, with an initial therapeutic focus on pulmonary hypertension. Its drug development pipeline comprises: Levosimendan, a novel, first-in-class K-ATP activator and calcium sensitizer developed for intravenous use in hospitalized patients with acutely decompensated heart failure; and Imatinib, as a potential therapy for pulmonary arterial hypertension.
What is TENX's market cap?
$67.74M, based on the Nov 4 close of $1.81.
Does Tenax Therapeutics pay a dividend?
No regular cash dividend has been paid in the last year.
How much of TENX is sold short?
7.2M shares, 20.4% of float, as of Oct 15, 2026.
What sector is TENX in?
Healthcare, in the Pharmaceuticals industry.

About Tenax Therapeutics

Tenax Therapeutics Inc is a phase three, development-stage pharmaceutical company focused on identifying and developing therapeutics that address cardiovascular and pulmonary diseases with high unmet medical need, with an initial therapeutic focus on pulmonary hypertension. Its drug development pipeline comprises: Levosimendan, a novel, first-in-class K-ATP activator and calcium sensitizer developed for intravenous use in hospitalized patients with acutely decompensated heart failure; and Imatinib, as a potential therapy for pulmonary arterial hypertension. The company is currently conducting clinical trials only for levosimendan as its prioritized product candidate to evaluate its potential to help patients with pulmonary hypertension.

HQ: Chapel Hill, NC16 employeesListed Feb 1, 1995tenaxthera.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology