ARDELYX INC

Ticker: ARDX CUSIP: 039697107 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

Note: Option positions (PUT/CALL) are excluded.

Q2 2025

Shares 55,283 Value ($000) $217 Avg Close $4.13 Range $3.21 - $5.64

Q1 2025

Shares 65,823 Value ($000) $323 Avg Close $5.37 Range $4.67 - $6.55

Q4 2024

Shares 69,945 Value ($000) $355 Avg Close $5.52 Range $4.32 - $7.04

Q3 2024

Shares 30,139 Value ($000) $208 Avg Close $5.90 Range $5.07 - $8.06

Q2 2024

Shares 42,531 Value ($000) $315 Avg Close $7.03 Range $5.76 - $9.33

Q1 2024

Shares 19,884 Value ($000) $145 Avg Close $8.55 Range $5.92 - $10.13

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2025	55,283	$217	$4.13	$3.21 - $5.64
Q1 2025	65,823	$323	$5.37	$4.67 - $6.55
Q4 2024	69,945	$355	$5.52	$4.32 - $7.04
Q3 2024	30,139	$208	$5.90	$5.07 - $8.06
Q2 2024	42,531	$315	$7.03	$5.76 - $9.33
Q1 2024	19,884	$145	$8.55	$5.92 - $10.13