CytoMed Therapeutics (GDTC) Short Interest Ratio & Short Volume

Short interest is the volume of CytoMed Therapeutics shares that have been sold short but have not yet been closed out or covered. As of December 31st, investors have sold 82,200 shares of GDTC short. 1.70% of CytoMed Therapeutics' shares are currently sold short. Learn More on CytoMed Therapeutics' current short interest.

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. 1.70% of CytoMed Therapeutics' floating shares are currently sold short.

CytoMed Therapeutics saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 82,200 shares, an increase of 31.1% from the previous total of 62,700 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.

CytoMed Therapeutics currently has issued a total of 10,940,000 shares. Some of CytoMed 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. CytoMed Therapeutics currently has a public float of 4,830,000 shares.

1.70% of CytoMed Therapeutics' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to CytoMed Therapeutics: Biomea Fusion, Inc. (36.48%), Cassava Sciences, Inc. (34.57%), Nanobiotix S.A. (0.05%), XBiotech Inc. (3.90%), 2seventy bio, Inc. (10.04%), InflaRx (0.42%), Leap Therapeutics, Inc. (7.67%), Telomir Pharmaceuticals, Inc. (7.44%), PepGen Inc. (2.64%), Monopar Therapeutics Inc. (0.82%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling GDTC is an investing strategy that aims to generate trading profit from CytoMed Therapeutics as its price is falling. GDTC 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 CytoMed Therapeutics 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 GDTC, 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 GDTC, twice per month. The most recent reporting period available is December, 31 2024.