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Journey Medical (DERM) Short Interest Ratio & Short Volume

Journey Medical logo
$5.23 -0.12 (-2.24%)
(As of 11/20/2024 ET)

Journey Medical Short Interest Data

Journey Medical (DERM) has a short interest of 60,800 shares, representing 0.61% of the float (the number of shares available for trading by the public). This marks a -20.73% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.7, indicating that it would take 0.7 days of the average trading volume of 158,690 shares to cover all short positions.

Current Short Interest
60,800 shares
Previous Short Interest
76,700 shares
Change Vs. Previous Month
-20.73%
Dollar Volume Sold Short
$349,600.00
Short Interest Ratio
0.7 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
20,730,000 shares
Float Size
10,040,000 shares
Short Percent of Float
0.61%
Today's Trading Volume
40,841 shares
Average Trading Volume
158,690 shares
Today's Volume Vs. Average
26%
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DERM Short Interest Over Time

DERM Days to Cover Over Time

DERM Percentage of Float Shorted Over Time

Journey Medical Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/202460,800 shares $349,600.00 -20.7%0.6%0.7 $5.75
10/15/202476,700 shares $441,792.00 -12.5%0.8%1.2 $5.76
9/30/202487,700 shares $495,505.00 +10.5%0.9%1.6 $5.65
9/15/202479,400 shares $409,704.00 -13.7%0.8%1.4 $5.16
8/31/202492,000 shares $458,160.00 -27.8%0.9%1.3 $4.98
8/15/2024127,500 shares $581,400.00 -20.8%1.3%1.5 $4.56
7/31/2024161,000 shares $893,550.00 -50.6%1.7%2 $5.55
7/15/2024325,600 shares $1.89 million -7.8%3.5%3.9 $5.82
6/30/2024353,200 shares $1.99 million +23.5%3.7%3.5 $5.64
6/15/2024286,000 shares $1.59 million -0.6%3.0%2.1 $5.57
5/31/2024287,800 shares $1.12 million +2.8%3.0%2 $3.90
5/15/2024280,100 shares $1.01 million -1.1%2.9%2.1 $3.59
4/30/2024283,300 shares $1.05 million +20.3%4.1%1.9 $3.69
4/15/2024235,500 shares $946,710.00 +59.0%3.5%1.4 $4.02
3/31/2024148,100 shares $545,008.00 +87.0%2.5%0.8 $3.68
3/15/202479,200 shares $269,280.00 +23.0%1.2%0.4 $3.40
2/29/202464,400 shares $254,380.00 +6.8%1.1%0.2 $3.95
2/15/202460,300 shares $265,320.00 -14.7%1.0%0.2 $4.40
1/31/202470,700 shares $0.00 +45.2%1.2%0.2 $0.00

DERM Short Interest - Frequently Asked Questions

What is Journey Medical's current short interest?

Short interest is the volume of Journey Medical shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 60,800 shares of DERM short. 0.61% of Journey Medical's shares are currently sold short. Learn More on Journey Medical's current short interest.

What is a good short interest ratio for Journey Medical?

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. DERM shares currently have a short interest ratio of 1.0. Learn More on Journey Medical's short interest ratio.

What is a good short interest percentage for Journey Medical?

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. 0.61% of Journey Medical's floating shares are currently sold short.

Is Journey Medical's short interest increasing or decreasing?

Journey Medical saw a decline in short interest in October. As of October 31st, there was short interest totaling 60,800 shares, a decline of 20.7% from the previous total of 76,700 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 Journey Medical's float size?

Journey Medical currently has issued a total of 20,730,000 shares. Some of Journey Medical's 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. Journey Medical currently has a public float of 10,040,000 shares.

How does Journey Medical's short interest compare to its competitors?

0.61% of Journey Medical's shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Journey Medical: Aquestive Therapeutics, Inc. (11.12%), Korro Bio, Inc. (4.43%), Taysha Gene Therapies, Inc. (8.61%), Foghorn Therapeutics Inc. (3.93%), Tango Therapeutics, Inc. (14.56%), Verve Therapeutics, Inc. (27.57%), Larimar Therapeutics, Inc. (4.26%), Canopy Growth Co. (9.77%), 4D Molecular Therapeutics, Inc. (17.69%), Akebia Therapeutics, Inc. (6.80%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short Journey Medical stock?

Short selling DERM is an investing strategy that aims to generate trading profit from Journey Medical as its price is falling. DERM shares are trading down $0.12 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 Journey Medical?

A short squeeze for Journey Medical 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 DERM, which in turn drives the price of the stock up even further.

How often is Journey Medical's 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 DERM, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:DERM) was last updated on 11/21/2024 by MarketBeat.com Staff
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