Taysha Gene Therapies (TSHA) had the highest return in August 2023 by a small-cap US stock or small-cap US stock, returning 368.5%.

ASSET	MONTH	% RETURN
Taysha Gene Therapies (TSHA)	August 2023	368.52%
Akso Health Group ADR (AHG)	August 2023	259.66%
Neuropace (NPCE)	August 2023	126.27%
Telesat (TSAT)	August 2023	112.7%
Tango Therapeutics (TNGX)	August 2023	94.89%
Lifeway Foods (LWAY)	August 2023	66.93%
Palvella Therapeutics (PVLA)	August 2023	56.94%
Groupon (GRPN)	August 2023	56.58%
Eton Pharmaceuticals (ETON)	August 2023	53.06%
Silence Therapeutics (SLN)	August 2023	52.14%
Gyre Therapeutics (GYRE)	August 2023	47.37%
Fulcrum Therapeutics (FULC)	August 2023	46.3%
Capricor Therapeutics (CAPR)	August 2023	45.95%
GigaCloud Technology Inc Class A Ordinary Shares (GCT)	August 2023	43.79%
Brainsway (BWAY)	August 2023	43.75%
American Coastal Insurance (ACIC)	August 2023	43.04%
Abacus Life (ABL)	August 2023	40.15%
Village Farms International (VFF)	August 2023	39.75%
National CineMedia (NCMI)	August 2023	37.28%
Consolidated Water (CWCO)	August 2023	36.62%
Limbach (LMB)	August 2023	36.08%
Power Solutions International, Inc Common Stock (PSIX)	August 2023	35.56%
IsoEnergy (ISOU)	August 2023	35.55%
Hudson Technologies (HDSN)	August 2023	33.11%
Matrix Service (MTRX)	August 2023	32.75%

Small-cap stocks are treated as having a market cap between $300M and $2B.