86 /100
LOW RISK
Score updated Feb 26, 2026
APLS
Apellis Pharmaceuticals, Inc.

DilutionScore™ measures dilution risk across 5 factors. Lower scores indicate higher risk of share dilution.

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📊 Score Breakdown
📋 Offering Ability
80
💰 Cash Runway
100
📊 Float Risk
70
⚠️ Warrant Exposure
85
🔄Convertible Debt
💹 Market Data
Market Cap$2.74B
Shares Outstanding126.53M
Float82.79M
Cash$467.79M
Debt$474.36M
Short InterestN/A
🏛 Institutional Holdings
277 institutional holders · 133.81M shares
#1 Avoro Capital Advisors LLC 12.22M shares
#2 VANGUARD GROUP INC 9.99M shares
#3 MORGAN STANLEY 9.64M shares
+ 17 more holders Sign up free to view →
📉 Short Interest
Short Interest18.11M
Days to Cover5.3
% of Float21.9%
FINRA data as of Jan 15, 2026
📁 Recent SEC Activity
xbrl XBRL CONVERTIBLE Dec 31, 2022
xbrl XBRL WARRANT Dec 31, 2018
Full SEC filing analysis available with free account
📰 Recent News
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