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Elevation Oncology (ELEV) Short Interest Ratio & Short Volume

Elevation Oncology logo
$0.61 -0.04 (-6.53%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$0.62 +0.02 (+2.57%)
As of 02/21/2025 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Elevation Oncology Short Interest Data

Elevation Oncology (ELEV) has a short interest of 8.77 million shares, representing 16.86% of the float (the number of shares available for trading by the public). This marks a -1.90% decrease in short interest from the previous month. The short interest ratio (days to cover) is 4.3, indicating that it would take 4.3 days of the average trading volume of 3.16 million shares to cover all short positions.

Current Short Interest
8,770,000 shares
Previous Short Interest
8,940,000 shares
Change Vs. Previous Month
-1.90%
Dollar Volume Sold Short
$6.08 million
Short Interest Ratio
4.3 Days to Cover
Last Record Date
January 31, 2025
Outstanding Shares
59,120,000 shares
Float Size
52,020,000 shares
Short Percent of Float
16.86%
Today's Trading Volume
922,491 shares
Average Trading Volume
3,156,658 shares
Today's Volume Vs. Average
29%
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ELEV Short Interest Over Time

ELEV Days to Cover Over Time

ELEV Percentage of Float Shorted Over Time

Elevation Oncology Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/31/20258,770,000 shares $6.08 million -1.9%16.9%4.3 $0.69
1/15/20258,940,000 shares $6.51 million +38.8%17.2%4.6 $0.73
12/31/20246,440,000 shares $3.62 million +4.7%12.4%6.3 $0.56
12/15/20246,150,000 shares $3.91 million +0.3%11.8%7.9 $0.64
11/30/20246,130,000 shares $3.90 million +1.8%11.8%8.5 $0.64
11/15/20246,020,000 shares $3.20 million -3.1%11.6%8.6 $0.53
10/31/20246,210,000 shares $3.57 million +4.4%12.4%8.1 $0.57
10/15/20245,950,000 shares $3.09 million -3.3%11.9%5.1 $0.52
9/30/20246,150,000 shares $3.69 million -1.8%12.3%5.2 $0.60
9/15/20246,260,000 shares $3.81 million -4.7%12.5%4.7 $0.61
8/31/20246,570,000 shares $5.11 million +2.7%13.1%5.1 $0.78
8/15/20246,400,000 shares $4.62 million -4.2%12.8%5 $0.72
7/31/20246,680,000 shares $17.57 million No Change13.8%5.8 $2.63
7/15/20246,680,000 shares $20.17 million +28.7%14.9%8.1 $3.02
6/30/20245,190,000 shares $14.01 million -2.1%10.8%6.9 $2.70
6/15/20245,300,000 shares $17.12 million -0.2%11.1%7.7 $3.23
5/31/20245,310,000 shares $21.35 million +3.9%11.3%7.7 $4.02
5/15/20245,110,000 shares $19.06 million +4.5%10.9%5.5 $3.73
4/30/20244,890,000 shares $17.36 million -1.2%11.5%4.9 $3.55
4/15/20244,950,000 shares $21.93 million -1.2%13.0%4.2 $4.43
3/31/20245,010,000 shares $25.70 million +8.2%12.6%1.6 $5.13
3/15/20244,630,000 shares $20.33 million +28.3%11.6%1.6 $4.39
2/29/20243,610,000 shares $15.92 million -10.0%9.1%1.3 $4.41
2/15/20244,010,000 shares $11.11 million +13.9%11.6%1.5 $2.77
1/31/20243,520,000 shares $9.79 million +95.6%10.1%1.4 $2.78
1/15/20241,800,000 shares $4.93 million +124.0%5.2%0.8 $2.74
12/31/2023803,700 shares $431,586.90 +21.0%2.5%0.5 $0.54
12/15/2023664,500 shares $338,961.45 +12.0%2.1%2.8 $0.51
11/30/2023593,500 shares $315,742.00 -10.8%1.8%2.7 $0.53
11/15/2023665,100 shares $307,276.20 -22.3%2.1%2.9 $0.46
10/31/2023856,100 shares $410,928.00 -8.2%2.8%4.1 $0.48
10/15/2023932,200 shares $616,184.20 +0.6%3.1%5.6 $0.66
9/30/2023926,500 shares $613,898.90 -24.7%3.1%4.9 $0.66
9/15/20231,230,000 shares $895,440.00 +1.7%4.1%5.5 $0.73
8/31/20231,210,000 shares $924,440.00 -4.7%5.2%2.6 $0.76
8/15/20231,270,000 shares $1.16 million +0.8%5.4%0.8 $0.91
7/31/20231,260,000 shares $1.51 million -4.6%4.7%0.7 $1.20
7/15/20231,320,000 shares $1.97 million -11.4%8.6%0.7 $1.49
6/30/20231,490,000 shares $2.26 million -4.5%9.8%0.8 $1.52
6/15/20231,560,000 shares $2.31 million -39.3%10.2%0.8 $1.48
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5/31/20232,570,000 shares $10.85 million +596.3%16.4%1.2 $4.22
5/15/2023369,100 shares $1.35 million -64.2%2.3%0.4 $3.67
4/30/20231,030,000 shares $2.71 million +688.7%6.7%1.3 $2.63
4/15/2023130,600 shares $254,670.00 +6.0%0.9%0.3 $1.95
3/31/2023123,200 shares $234,080.00 +135.6%0.8%0.2 $1.90
3/15/202352,300 shares $121,336.00 +28.2%0.3%0.1 $2.32
2/28/202340,800 shares $44,982.00 +22.5%0.3%0.4 $1.10
2/15/202333,300 shares $32,634.00 -18.2%0.2%0.4 $0.98
1/31/202340,700 shares $40,700.00 +20.8%0.3%0.5 $1.00
1/15/202333,700 shares $33,396.70 -29.4%0.2%0.4 $0.99
12/30/202247,700 shares $45,315.00 +10.7%0.3%0.7 $0.95
12/15/202243,100 shares $40,945.00 -2.1%0.3%1.1 $0.95
11/30/202244,000 shares $39,776.00 -10.4%0.3%1 $0.90
11/15/202249,100 shares $47,627.00 +6.1%0.3%1 $0.97
10/31/202246,300 shares $50,004.00 +42.5%0.3%0.9 $1.08
10/15/202232,500 shares $35,425.00 -62.7%0.2%0.5 $1.09
9/30/202287,200 shares $98,536.00 +76.5%0.6%1.1 $1.13
9/15/202249,400 shares $61,750.00 -12.6%0.3%0.5 $1.25
8/31/202256,500 shares $64,975.00 +61.4%0.4%0.4 $1.15
8/15/202235,000 shares $47,600.00 -38.1%0.2%0.1 $1.36
7/31/202256,500 shares $71,190.00 -13.5%0.4%0.1 $1.26
7/15/202265,300 shares $89,461.00 -92.8%0.5%0.1 $1.37
6/30/2022905,700 shares $1.27 million -1.1%6.5%1.5 $1.40
6/15/2022915,900 shares $1.24 million -18.2%6.6%1.5 $1.35
5/31/20221,120,000 shares $2.53 million +19.5%8.1%2 $2.26
5/15/2022937,000 shares $3.35 million +0.2%9.2%21.6 $3.57
4/30/2022935,600 shares $2.87 million +21.5%9.2%18.4 $3.07
4/15/2022770,300 shares $1.92 million +8.9%7.6%15.3 $2.49
3/31/2022707,300 shares $1.78 million +27.9%N/A14.1 $2.52
3/15/2022552,900 shares $1.39 million +4.5%5.4%9 $2.51
2/28/2022529,100 shares $1.79 million -0.2%5.2%6.9 $3.38
2/15/2022530,200 shares $2.15 million +619.4%5.2%7.1 $4.05
1/31/202273,700 shares $322,069.00 +12.5%0.6%1 $4.37
1/15/202265,500 shares $393,000.00 +2.8%N/A1.2 $6.00
12/31/202163,700 shares $383,474.00 -55.2%0.5%1.2 $6.02
12/15/2021142,200 shares $675,450.00 +20.1%1.0%3 $4.75
11/30/2021118,400 shares $776,313.28 +0.9%0.9%2.5 $6.56
11/15/2021117,400 shares $896,936.00 -7.3%0.8%3.2 $7.64
10/29/2021126,600 shares $1.05 million -8.4%0.9%3.2 $8.27
10/15/2021138,200 shares $1.10 million -0.4%1.0%3.1 $7.96
9/30/2021138,700 shares $1.08 million +4,234.4%1.0%2.7 $7.79
9/15/20213,200 shares $31,680.00 -79.6%0.0%0 $9.90
8/31/202115,700 shares $183,690.00 -17.8%0.1%0.1 $11.70
8/13/202119,100 shares $219,650.00 No Change0.2%0.2 $11.50

ELEV Short Interest - Frequently Asked Questions

What is Elevation Oncology's current short interest?

Short interest is the volume of Elevation Oncology shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 8,770,000 shares of ELEV short. 16.86% of Elevation Oncology's shares are currently sold short. Learn More on Elevation Oncology's current short interest.

What is a good short interest ratio for Elevation Oncology?

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. ELEV shares currently have a short interest ratio of 4.0. Learn More on Elevation Oncology's short interest ratio.

Which institutional investors are shorting Elevation Oncology?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Elevation Oncology: Citadel Advisors LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Elevation Oncology?

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. 16.86% of Elevation Oncology's floating shares are currently sold short.

Is Elevation Oncology's short interest increasing or decreasing?

Elevation Oncology saw a decrease in short interest during the month of January. As of January 31st, there was short interest totaling 8,770,000 shares, a decrease of 1.9% from the previous total of 8,940,000 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 Elevation Oncology's float size?

Elevation Oncology currently has issued a total of 59,120,000 shares. Some of Elevation Oncology'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. Elevation Oncology currently has a public float of 52,020,000 shares.

How does Elevation Oncology's short interest compare to its competitors?

16.86% of Elevation Oncology's shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Elevation Oncology: Silence Therapeutics plc (4.34%), Zentalis Pharmaceuticals, Inc. (6.81%), Fate Therapeutics, Inc. (11.30%), ADC Therapeutics SA (5.03%), Sagimet Biosciences Inc. (24.13%), Solid Biosciences Inc. (8.09%), Puma Biotechnology, Inc. (8.53%), Biomea Fusion, Inc. (33.92%), Coherus BioSciences, Inc. (26.66%), Seres Therapeutics, Inc. (10.23%),

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. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

What does it mean to sell short Elevation Oncology stock?

Short selling ELEV is an investing strategy that aims to generate trading profit from Elevation Oncology as its price is falling. ELEV shares are trading down $0.04 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 Elevation Oncology?

A short squeeze for Elevation Oncology 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 ELEV, which in turn drives the price of the stock up even further.

How often is Elevation Oncology'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 ELEV, twice per month. The most recent reporting period available is January, 31 2025.




This page (NASDAQ:ELEV) was last updated on 2/22/2025 by MarketBeat.com Staff
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