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Candel Therapeutics (CADL) Short Interest Ratio & Short Volume

Candel Therapeutics logo
$8.80 +0.17 (+1.97%)
(As of 12/24/2024 05:10 PM ET)

Candel Therapeutics Short Interest Data

Candel Therapeutics (CADL) has a short interest of 2.18 million shares, representing 10.86% of the float (the number of shares available for trading by the public). This marks a 3.81% increase in short interest from the previous month. The short interest ratio (days to cover) is 5.7, indicating that it would take 5.7 days of the average trading volume of 2.42 million shares to cover all short positions.

Current Short Interest
2,180,000 shares
Previous Short Interest
2,100,000 shares
Change Vs. Previous Month
+3.81%
Dollar Volume Sold Short
$10.25 million
Short Interest Ratio
5.7 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
32,476,000 shares
Float Size
20,080,000 shares
Short Percent of Float
10.86%
Today's Trading Volume
1,099,940 shares
Average Trading Volume
2,424,880 shares
Today's Volume Vs. Average
45%
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CADL Short Interest Over Time

CADL Days to Cover Over Time

CADL Percentage of Float Shorted Over Time

Candel Therapeutics Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/20242,180,000 shares $10.25 million +3.8%10.9%5.7 $4.70
11/15/20242,100,000 shares $7.98 million +18.0%10.5%6.3 $3.80
10/31/20241,780,000 shares $9.40 million +8.5%9.0%7 $5.28
10/15/20241,640,000 shares $9.76 million +3.1%8.5%6.6 $5.95
9/30/20241,590,000 shares $11.02 million -5.9%8.2%5.6 $6.93
9/15/20241,690,000 shares $11.85 million No Change8.7%4.5 $7.01
8/31/20241,690,000 shares $11.41 million +3.7%9.2%4.5 $6.75
8/15/20241,630,000 shares $8.77 million +10.1%8.9%3 $5.38
7/31/20241,480,000 shares $8.78 million +5.7%8.0%2.3 $5.93
7/15/20241,400,000 shares $9.27 million +38.6%7.6%1.8 $6.62
6/30/20241,010,000 shares $6.26 million -4.7%5.3%0.5 $6.20
6/15/20241,060,000 shares $7.73 million -31.6%5.6%0.2 $7.29
5/31/20241,550,000 shares $13.80 million +83.0%8.3%0.3 $8.90
5/15/2024846,800 shares $11.86 million -19.4%5.0%0.2 $14.00
4/30/20241,050,000 shares $7.40 million -48.3%6.7%0.2 $7.05
4/15/20242,030,000 shares $11.81 million +1,161.7%13.0%0.4 $5.82
3/31/2024160,900 shares $254,222.00 +9.2%1.0%0 $1.58
3/15/2024147,300 shares $220,950.00 -24.7%1.0%1.7 $1.50
2/29/2024195,600 shares $363,816.00 -30.4%1.3%0.3 $1.86
2/15/2024281,200 shares $489,288.00 +69.2%1.8%0.5 $1.74
1/31/2024166,200 shares $216,060.00 -10.9%1.1%0.3 $1.30
1/15/2024186,600 shares $248,178.00 -9.2%1.2%0.3 $1.33
12/31/2023205,400 shares $301,938.00 -54.9%1.3%0.4 $1.47
12/15/2023455,500 shares $610,370.00 +1,071.0%2.9%0.8 $1.34
11/30/202338,900 shares $34,971.10 -5.8%0.3%1.3 $0.90
11/15/202341,300 shares $40,350.10 -40.8%0.3%1.3 $0.98
10/31/202369,800 shares $62,813.02 -56.4%0.4%2.3 $0.90
10/15/2023159,900 shares $143,910.00 -0.8%1.0%7.2 $0.90
9/30/2023161,200 shares $148,304.00 +0.5%1.0%8.8 $0.92
9/15/2023160,400 shares $202,104.00 -2.1%1.0%8.2 $1.26
8/31/2023163,900 shares $199,958.00 +1.2%1.0%9 $1.22
8/15/2023162,000 shares $187,920.00 -5.9%1.0%8.3 $1.16
7/31/2023172,100 shares $185,868.00 +8.6%1.0%8.8 $1.08
7/15/2023158,500 shares $183,860.00 -4.4%1.0%7.2 $1.16
6/30/2023165,800 shares $208,908.00 +20.9%1.0%4.9 $1.26
6/15/2023137,200 shares $196,196.00 +9.8%0.8%4.3 $1.43
5/31/2023125,000 shares $188,750.00 -7.3%0.8%3.9 $1.51
5/15/2023134,800 shares $215,680.00 +0.2%0.8%4.4 $1.60
4/30/2023134,500 shares $173,505.00 +163.2%0.8%4.5 $1.29
4/15/202351,100 shares $72,562.00 No Change0.3%1.6 $1.42
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3/31/202351,100 shares $68,985.00 +24.3%0.3%2.4 $1.35
3/15/202341,100 shares $61,650.00 +43.7%0.3%1.5 $1.50
2/28/202328,600 shares $51,480.00 +2.1%0.2%0.8 $1.80
2/15/202328,000 shares $56,000.00 +20.7%0.2%0.8 $2.00
1/31/202323,200 shares $59,612.40 -16.6%0.2%0.6 $2.57
1/15/202327,800 shares $57,824.00 -9.5%0.2%0.5 $2.08
12/30/202230,700 shares $54,953.00 -39.8%0.3%0.6 $1.79
12/15/202251,000 shares $96,390.00 +38.6%0.6%1.2 $1.89
11/30/202236,800 shares $64,400.00 -16.0%0.4%1 $1.75
11/15/202243,800 shares $79,278.00 -6.8%0.5%1.2 $1.81
10/31/202247,000 shares $91,180.00 -2.7%0.5%1.2 $1.94
10/15/202248,300 shares $122,682.00 -16.2%0.5%1.5 $2.54
9/30/202257,600 shares $180,864.00 +12.3%0.6%3.1 $3.14
9/15/202251,300 shares $175,959.00 +4.3%0.5%3.1 $3.43
8/31/202249,200 shares $170,724.00 -5.0%0.5%3.2 $3.47
8/15/202251,800 shares $181,300.00 -9.4%0.5%3.4 $3.50
7/31/202257,200 shares $177,320.00 -8.9%0.6%4.5 $3.10
7/15/202262,800 shares $209,752.00 -9.8%0.7%3.3 $3.34
6/30/202269,600 shares $225,504.00 +8.4%0.7%1.6 $3.24
6/15/202264,200 shares $222,132.00 -29.0%0.7%1.3 $3.46
5/31/202290,400 shares $340,808.00 +49.9%1.0%1.7 $3.77
5/15/202260,300 shares $241,200.00 +14.4%0.6%1.1 $4.00
4/30/202252,700 shares $188,666.00 -27.1%0.5%1 $3.58
4/15/202272,300 shares $375,237.00 +22.3%0.7%1.3 $5.19
3/31/202259,100 shares $300,819.00 +16.8%0.6%1.6 $5.09
3/15/202250,600 shares $189,750.00 -14.0%0.5%1.4 $3.75
2/28/202258,800 shares $242,256.00 +19.5%0.6%1.4 $4.12
2/15/202249,200 shares $233,208.00 -2.4%0.5%1.2 $4.74
1/31/202250,400 shares $216,216.00 +12.0%0.5%1.1 $4.29
1/15/202245,000 shares $281,250.00 -15.3%0.4%1 $6.25
12/31/202153,100 shares $415,242.00 +46.3%0.5%1.3 $7.82
12/15/202136,300 shares $265,353.00 -13.4%0.4%0.7 $7.31
11/30/202141,900 shares $434,084.00 -13.6%0.4%0.6 $10.36
11/15/202148,500 shares $485,485.00 -38.0%0.5%0.5 $10.01
10/29/202178,200 shares $878,186.00 +18.3%0.8%0.7 $11.23
10/15/202166,100 shares $649,763.00 -27.0%0.6%0.4 $9.83
9/30/202190,600 shares $982,104.00 -34.4%0.9%0.5 $10.84
9/15/2021138,200 shares $1.15 million +128.8%1.4%0.7 $8.32
8/31/202160,400 shares $485,616.00 +571.1%0.6%0.3 $8.04
8/13/20219,000 shares $68,310.00 No Change0.1%0 $7.59

CADL Short Interest - Frequently Asked Questions

What is Candel Therapeutics' current short interest?

Short interest is the volume of Candel Therapeutics shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 2,180,000 shares of CADL short. 10.86% of Candel Therapeutics' shares are currently sold short. Learn More on Candel Therapeutics' current short interest.

What is a good short interest ratio for Candel Therapeutics?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. CADL shares currently have a short interest ratio of 6.0. Learn More on Candel Therapeutics's short interest ratio.

Which institutional investors are shorting Candel Therapeutics?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Candel Therapeutics: Jane Street Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Candel Therapeutics?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 10.86% of Candel Therapeutics' floating shares are currently sold short.

Is Candel Therapeutics' short interest increasing or decreasing?

Candel Therapeutics saw a increase in short interest in the month of November. As of November 30th, there was short interest totaling 2,180,000 shares, an increase of 3.8% from the previous total of 2,100,000 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.

What is Candel Therapeutics' float size?

Candel Therapeutics currently has issued a total of 32,476,000 shares. Some of Candel Therapeutics' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Candel Therapeutics currently has a public float of 20,080,000 shares.

How does Candel Therapeutics' short interest compare to its competitors?

10.86% of Candel Therapeutics' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Candel Therapeutics: Ardelyx, Inc. (10.27%), ARS Pharmaceuticals, Inc. (26.75%), Rocket Pharmaceuticals, Inc. (11.40%), Bicycle Therapeutics plc (4.91%), Avadel Pharmaceuticals plc (10.16%), Anavex Life Sciences Corp. (23.22%), Collegium Pharmaceutical, Inc. (19.63%), Poseida Therapeutics, Inc. (4.20%), Nuvation Bio Inc. (6.17%), ArriVent BioPharma, Inc. (17.02%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Candel Therapeutics stock?

Short selling CADL is an investing strategy that aims to generate trading profit from Candel Therapeutics as its price is falling. CADL shares are trading up $0.17 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.

How does a short squeeze work against Candel Therapeutics?

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

How often is Candel Therapeutics' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CADL, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:CADL) was last updated on 12/25/2024 by MarketBeat.com Staff
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