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Edesa Biotech (EDSA) Short Interest Ratio & Short Volume

Edesa Biotech logo
$1.73 -0.02 (-1.14%)
(As of 12/20/2024 05:31 PM ET)

Edesa Biotech Short Interest Data

Edesa Biotech (EDSA) has a short interest of 35,500 shares, representing 1.61% of the float (the number of shares available for trading by the public). This marks a -26.80% decrease in short interest from the previous month. The short interest ratio (days to cover) is 1.2, indicating that it would take 1.2 days of the average trading volume of 15,605 shares to cover all short positions.

Current Short Interest
35,500 shares
Previous Short Interest
48,500 shares
Change Vs. Previous Month
-26.80%
Dollar Volume Sold Short
$86,620.00
Short Interest Ratio
1.2 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
3,468,000 shares
Float Size
2,200,000 shares
Short Percent of Float
1.61%
Today's Trading Volume
23,938 shares
Average Trading Volume
15,605 shares
Today's Volume Vs. Average
153%
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EDSA Short Interest Over Time

EDSA Days to Cover Over Time

EDSA Percentage of Float Shorted Over Time

Edesa Biotech Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/202435,500 shares $86,620.00 -26.8%1.6%1.2 $2.44
11/15/202448,500 shares $101,850.00 +192.2%2.2%2.1 $2.10
10/31/202416,600 shares $54,780.00 -16.2%0.8%0.8 $3.30
10/15/202419,800 shares $82,364.04 +58.4%0.9%1.9 $4.16
9/30/202412,500 shares $55,625.00 -25.6%0.6%1.3 $4.45
9/15/202416,800 shares $73,399.20 +14.3%0.8%2.1 $4.37
8/31/202414,700 shares $66,150.00 -8.7%0.7%1.8 $4.50
8/15/202416,100 shares $69,552.00 -12.5%0.7%1.5 $4.32
7/31/202418,400 shares $97,520.00 +2.8%0.8%1.7 $5.30
7/15/202417,900 shares $75,717.00 -0.6%0.8%2 $4.23
6/30/202418,000 shares $77,040.00 +13.9%0.8%2.2 $4.28
6/15/202415,800 shares $70,298.94 +6.8%0.7%1.7 $4.45
5/31/202414,800 shares $64,084.00 +32.1%0.7%1.7 $4.33
5/15/202411,200 shares $50,512.00 -30.4%0.5%1.3 $4.51
4/30/202416,100 shares $71,532.30 +5.9%0.7%1.5 $4.44
4/15/202415,200 shares $62,624.00 -22.1%0.7%1.2 $4.12
3/31/202419,500 shares $81,738.15 +10.2%0.8%1.4 $4.19
3/15/202417,700 shares $77,703.00 +4.1%0.8%1.2 $4.39
2/29/202417,000 shares $77,860.00 +11.8%0.7%0.6 $4.58
2/15/202415,200 shares $85,880.00 -27.6%0.7%0.5 $5.65
1/31/202421,000 shares $93,450.00 +2,525.0%0.9%0.7 $4.45
1/15/2024800 shares $3,728.00 -93.4%0.0%0 $4.66
12/31/202312,100 shares $55,297.00 -61.7%0.5%0.1 $4.57
12/15/202331,600 shares $164,004.00 +1,404.8%1.4%0.3 $5.19
11/30/20232,100 shares $6,930.00 -91.0%0.1%0 $3.30
11/15/202323,200 shares $67,280.00 -21.6%1.1%0.3 $2.90
10/31/202329,600 shares $95,312.00 -50.3%1.4%0.4 $3.22
10/15/202359,500 shares $235,322.50 -80.2%2.8%0.8 $3.96
9/30/2023300,200 shares $1.33 million -4.9%N/A3.5 $4.42
9/15/2023315,500 shares $283,950.00 -0.9%N/A6.5 $0.90
8/31/2023318,200 shares $269,515.40 -49.7%N/A5.8 $0.85
8/15/2023632,100 shares $537,285.00 -1.4%N/A11.5 $0.85
7/31/2023641,300 shares $525,866.00 -0.1%N/A10.8 $0.82
7/15/2023641,700 shares $534,471.93 -3.2%N/A8.9 $0.83
6/30/2023662,800 shares $530,240.00 +5.0%N/A9.6 $0.80
6/15/2023631,000 shares $542,218.30 -0.1%N/A8.7 $0.86
5/31/2023631,800 shares $574,938.00 -1.2%N/A7.9 $0.91
5/15/2023639,600 shares $562,911.96 -12.4%N/A8 $0.88
4/30/2023730,500 shares $818,160.00 -20.0%N/A8.6 $1.12
4/15/2023913,300 shares $958,965.00 +0.8%N/A9.5 $1.05
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3/31/2023906,500 shares $826,818.65 +10.9%N/A4.9 $0.91
3/15/2023817,300 shares $980,760.00 +19.3%N/A1.7 $1.20
2/28/2023685,300 shares $979,979.00 +6.3%N/A1.4 $1.43
2/15/2023644,500 shares $928,080.00 -17.6%N/A1.3 $1.44
1/31/2023781,700 shares $1.17 million +16.7%N/A1.6 $1.50
1/15/2023669,600 shares $1.69 million -17.8%N/A1.4 $2.52
12/30/2022815,000 shares $1.76 million +111.0%N/A2.1 $2.16
12/15/2022386,300 shares $370,732.11 +4.4%3.2%0.9 $0.96
11/30/2022369,900 shares $341,121.78 +4.3%3.9%1.9 $0.92
11/15/2022354,800 shares $325,316.12 +6.2%3.7%1.8 $0.92
10/31/2022334,000 shares $344,020.00 +10.5%3.5%1.7 $1.03
10/15/2022302,300 shares $292,535.71 +484.7%3.0%1.5 $0.97
9/30/202251,700 shares $47,631.21 -38.7%0.5%0.3 $0.92
9/15/202284,300 shares $148,368.00 -11.9%0.8%1.2 $1.76
8/31/202295,700 shares $179,916.00 +476.5%1.0%1.3 $1.88
8/15/202216,600 shares $32,536.00 -73.7%0.2%0.2 $1.96
7/31/202263,000 shares $113,400.00 -5.8%0.6%0.9 $1.80
7/15/202266,900 shares $109,716.00 -22.9%0.7%1.2 $1.64
6/30/202286,800 shares $139,748.00 -26.4%0.9%1.4 $1.61
6/15/2022117,900 shares $200,430.00 +12.7%1.2%2 $1.70
5/31/2022104,600 shares $215,476.00 -18.9%1.0%1.5 $2.06
5/15/2022129,000 shares $241,230.00 -13.4%1.3%1.8 $1.87
4/30/2022149,000 shares $330,780.00 -1.9%1.6%2.1 $2.22
4/15/2022151,900 shares $429,877.00 +13.7%1.6%2 $2.83
3/31/2022133,600 shares $396,792.00 -42.7%1.5%1.5 $2.97
3/15/2022233,000 shares $719,970.00 -14.1%2.7%2.3 $3.09
2/28/2022271,300 shares $1.01 million -8.3%3.1%2.7 $3.71
2/15/2022295,900 shares $1.19 million -8.5%3.3%2.6 $4.02
1/31/2022323,300 shares $1.34 million +8.8%4.3%2.6 $4.14
1/15/2022297,300 shares $1.56 million +14.2%4.0%2 $5.26
12/31/2021260,300 shares $1.47 million -3.6%3.5%1 $5.63
12/15/2021270,100 shares $1.44 million -21.3%3.6%0.8 $5.34
11/30/2021343,100 shares $2.17 million -5.0%4.6%0.1 $6.32
11/15/2021361,100 shares $2.48 million -27.5%4.9%0.1 $6.86
10/29/2021498,100 shares $4.09 million -16.0%6.7%0.2 $8.22
10/15/2021593,200 shares $4.63 million -6.9%8.0%0.2 $7.81
9/30/2021637,000 shares $4.70 million +333.0%8.6%0.2 $7.38
9/15/2021147,100 shares $801,695.00 +87.2%2.0%0 $5.45
8/31/202178,600 shares $461,382.00 +216.9%1.1%0.8 $5.87
8/13/202124,800 shares $113,832.00 +19.2%0.3%0.2 $4.59
7/30/202120,800 shares $103,792.00 +17.5%0.3%0.2 $4.99
7/15/202117,700 shares $86,730.00 -35.6%0.2%0.1 $4.90
6/30/202127,500 shares $145,200.00 -19.4%0.4%0.2 $5.28
6/15/202134,100 shares $188,232.00 -35.2%0.5%0.2 $5.52
5/28/202152,600 shares $329,802.00 -60.1%0.7%0.3 $6.27
5/14/2021131,900 shares $774,253.00 +143.8%N/A0.5 $5.87
4/30/202154,100 shares $300,255.00 -30.7%N/A0.2 $5.55
4/15/202178,100 shares $426,426.00 -11.9%N/A0.1 $5.46
3/31/202188,600 shares $465,150.00 +180.4%N/A0.1 $5.25
3/15/202131,600 shares $176,960.00 -88.2%0.5%0.1 $5.60
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2/26/2021268,800 shares $1.78 million +202.0%4.7%0.5 $6.61
2/12/202189,000 shares $623,890.00 -49.7%2.2%0.2 $7.01
1/29/2021176,900 shares $999,485.00 +784.5%4.5%0.4 $5.65
1/15/202120,000 shares $99,000.00 +34.2%0.5%0 $4.95
12/31/202014,900 shares $64,368.00 -39.4%0.4%0.1 $4.32
12/15/202024,600 shares $122,505.54 -13.7%0.8%0.2 $4.98
11/30/202028,500 shares $150,195.00 -43.7%0.9%0.2 $5.27
11/15/202050,600 shares $271,216.00 -1.9%1.7%0.2 $5.36
10/30/202051,600 shares $323,532.00 -32.6%1.7%0.2 $6.27
10/15/202076,500 shares $569,160.00 -21.8%2.5%0.1 $7.44
9/30/202097,800 shares $789,246.00 +36.0%3.2%0.1 $8.07
9/15/202071,900 shares $504,738.00 -31.5%2.5%0.1 $7.02
8/31/2020104,900 shares $978,717.00 +28.1%3.2%0.1 $9.33
8/14/202081,900 shares $573,300.00 +7.8%2.8%0 $7.00
7/31/202076,000 shares $520,600.00 +46.4%2.8%0 $6.85
7/15/202051,900 shares $244,449.00 -30.2%1.9%0 $4.71
6/30/202074,400 shares $360,096.00 +1,330.8%2.8%0.1 $4.84
6/15/20205,200 shares $30,160.00 -62.3%0.2%0 $5.80
5/29/202013,800 shares $42,366.00 -37.8%0.5%0.2 $3.07
5/15/202022,200 shares $60,828.00 +85.0%0.8%0.4 $2.74
4/30/202012,000 shares $29,400.00 +96.7%0.4%0.2 $2.45
4/15/20206,100 shares $14,335.00 -28.2%0.2%0.1 $2.35
3/31/20208,500 shares $20,230.00 -79.3%0.3%0.2 $2.38
3/13/202041,100 shares $94,530.00 +82.7%1.5%1.4 $2.30
2/28/202022,500 shares $41,625.00 +389.1%0.8%0.4 $1.85
2/14/20204,600 shares $11,178.00 -76.0%0.2%0.1 $2.43
1/31/202019,200 shares $58,944.00 -18.3%0.7%0.5 $3.07
1/15/202023,500 shares $74,495.00 +1.3%0.9%0.6 $3.17
12/31/201923,200 shares $71,920.00 +28.2%0.8%0.6 $3.10

EDSA Short Interest - Frequently Asked Questions

What is Edesa Biotech's current short interest?

Short interest is the volume of Edesa Biotech shares that have been sold short but have not yet been closed out or covered. As of November 30th, investors have sold 35,500 shares of EDSA short. 1.61% of Edesa Biotech's shares are currently sold short. Learn More on Edesa Biotech's current short interest.

What is a good short interest ratio for Edesa Biotech?

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. EDSA shares currently have a short interest ratio of 1.0. Learn More on Edesa Biotech's short interest ratio.

What is a good short interest percentage for Edesa Biotech?

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. 1.61% of Edesa Biotech's floating shares are currently sold short.

Is Edesa Biotech's short interest increasing or decreasing?

Edesa Biotech saw a decrease in short interest during the month of November. As of November 30th, there was short interest totaling 35,500 shares, a decrease of 26.8% from the previous total of 48,500 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 Edesa Biotech's float size?

Edesa Biotech currently has issued a total of 3,468,000 shares. Some of Edesa Biotech'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. Edesa Biotech currently has a public float of 2,200,000 shares.

How does Edesa Biotech's short interest compare to its competitors?

1.61% of Edesa Biotech's shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Edesa Biotech: Akari Therapeutics, Plc (0.47%), Senti Biosciences, Inc. (2.05%), Equillium, Inc. (0.76%), Chemomab Therapeutics Ltd. (0.62%), MiNK Therapeutics, Inc. (0.43%), Lakeshore Biopharma Co., Ltd. (0.91%), Pulmatrix, Inc. (1.61%), Athira Pharma, Inc. (5.09%), Lisata Therapeutics, Inc. (0.22%), GeoVax Labs, Inc. (5.08%),

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 Edesa Biotech stock?

Short selling EDSA is an investing strategy that aims to generate trading profit from Edesa Biotech as its price is falling. EDSA shares are trading down $0.02 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 Edesa Biotech?

A short squeeze for Edesa Biotech 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 EDSA, which in turn drives the price of the stock up even further.

How often is Edesa Biotech'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 EDSA, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:EDSA) was last updated on 12/21/2024 by MarketBeat.com Staff
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