Bionomics (BNOX) Short Interest Ratio & Short Volume

Short interest is the volume of Bionomics shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 13,800 shares of BNOX short. Learn More on Bionomics' current short interest.

Bionomics saw a drop in short interest in October. As of October 15th, there was short interest totaling 13,800 shares, a drop of 81.1% from the previous total of 73,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Bionomics: Forte Biosciences, Inc. (0.32%), Vaccinex, Inc. (2.46%), Adial Pharmaceuticals, Inc. (0.81%), Aeterna Zentaris Inc. (0.18%), Organovo Holdings, Inc. (0.25%), Portage Biotech Inc. (4.44%), Moleculin Biotech, Inc. (6.26%), Eterna Therapeutics Inc. (2.19%), Cardio Diagnostics Holdings, Inc. (4.65%), Orgenesis Inc. (0.29%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling BNOX is an investing strategy that aims to generate trading profit from Bionomics as its price is falling. BNOX shares are trading down $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Bionomics occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of BNOX, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BNOX, twice per month. The most recent reporting period available is October, 15 2024.