Features Pricing Learn Reverse Splits Tracker Shelf & ATM Tracker Warrant Tracker PIPE Deal Tracker Weekly Report FAQ API Sign In →
22 /100
COMPONENT-LIMITED
Score updated Oct 13, 2026

ETON — Eton Pharmaceuticals, Inc. Dilution Risk Tracker

Track ETON dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

🔔 Track ETON — Get alerts when the score changes →

As of October 13, 2026, Eton Pharmaceuticals, Inc. (ETON) has a DilutionWatch DilutionScore of 22/100, rated LOW dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. Eton Pharmaceuticals, Inc. has a market capitalization of $1.58B, 28.58M shares outstanding, 116 institutional holders tracked. Stored dilution-related fields include 359.1K outstanding warrants.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
40
💰Cash Runway—
📊 Float Risk
25
⚠️ Warrant Exposure
15
🔄 Convertible Debt
40

Dilution Forecast

☀️
Clear
No significant dilution signals
model est. 0%
No significant dilution signals detected for ETON.
🔔 Track ETON — Get forecast alerts →

Market Data

Market Cap$1.58B
Shares Outstanding28.58M
Float21.00M
Cash$26.84M
Debt$27.90M
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore22/100DilutionWatch score record
Shares Outstanding28.58MVerified float table or market cache
Public Float21.00MVerified float table or market cache
Market Cap$1.58BMarket data cache
Cash RunwayNot applicable / unavailableDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM CapacityNone in current score inputsSEC-derived dilution fields
Outstanding Warrants359.1KSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 4.

Recent SEC source mix: 4 2, XBRL 2.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 68.4% shares (2026Q1 vs prior)
116 institutional holders · 27.50M shares
#1 Opaleye Management Inc. 5.72M shares
#2 National Philanthropic Trust 4.43M shares
#3 EcoR1 Capital, LLC 2.17M shares
+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest1.83M
Days to Cover2.9
% of Float8.7%
FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-05-14
xbrl XBRL CONVERTIBLE 2021-03-16
4 INSIDER TRANSACTION 2026-04-22
4 INSIDER TRANSACTION 2026-02-05
Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual ETON Dilution Snapshot

Eton Pharmaceuticals, Inc. (ETON) has a DilutionScore of 22/100, rated Low dilution risk. Score date: October 13, 2026.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

ETON's DilutionScore is currently 22/100 (Low risk), with 2 score changes tracked over 89 days. The score deteriorated from 26/100 (Medium risk).

Period Score Risk Level Duration
Aug 22 – Oct 13, 202622/100LOW53 days
Aug 14 – Aug 21, 202626/100MEDIUM7 days
Jul 16 – Aug 13, 202622/100LOW29 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

ETON shares outstanding have increased 2.1% from 26.82M (Mar 2026) to 27.39M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 18, 202627.39M21.00M▼ 0.63%
May 17, 202627.39M21.14M▲ 0.40%
May 03, 202627.36M21.06M▲ 0.08%
Apr 28, 202627.36M21.04M▲ 15.24%
Apr 26, 202627.28M18.26M▼ 0.18%
Mar 23, 202626.82M18.29M▲ 0.86%
Mar 22, 202626.82M18.13M▲ 1.74%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track ETON Dilution Risk in Real-Time
DilutionWatch monitors SEC filings 24/7 and alerts you the moment ETON files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.
Start Tracking ETON — Free
Email alert within minutes of any SEC filing Daily DilutionScore™ recalculation Score history & trend tracking Tracks 8,000+ tickers simultaneously

Related Stocks — LOW Risk

Other LOW dilution risk stocks tracked by DilutionWatch with similar profiles:

→ Biotech / Pharma sector dilution risk overview

Browse all 8,490+ tracked stocks →

📖 Dilution Education
→ Complete Dilution Guide for Retail Investors → Anti-Dilution Provisions Explained → Stock Dilution Red Flags to Watch → Understanding Shelf Registrations

Score Coverage Note

More Research for ETON
ETON FDA Catalyst Timeline & Biotech Grade — BiotechSigns

Part of the Guerilla Finance research network. Cross-reference multiple data sources for better due diligence.