Free Trial

IGM Biosciences (IGMS) Short Interest Ratio & Short Volume

IGM Biosciences logo
$6.90 -0.15 (-2.13%)
(As of 12/20/2024 05:45 PM ET)

IGM Biosciences Short Interest Data

IGM Biosciences (IGMS) has a short interest of 2.70 million shares, representing 15.41% of the float (the number of shares available for trading by the public). This marks a -4.93% decrease in short interest from the previous month. The short interest ratio (days to cover) is 8.7, indicating that it would take 8.7 days of the average trading volume of 301,638 shares to cover all short positions.

Current Short Interest
2,700,000 shares
Previous Short Interest
2,840,000 shares
Change Vs. Previous Month
-4.93%
Dollar Volume Sold Short
$27.11 million
Short Interest Ratio
8.7 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
59,464,000 shares
Float Size
17,520,000 shares
Short Percent of Float
15.41%
Today's Trading Volume
434,862 shares
Average Trading Volume
301,638 shares
Today's Volume Vs. Average
144%
Short Selling IGM Biosciences?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for IGM Biosciences and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

IGMS Short Interest Over Time

IGMS Days to Cover Over Time

IGMS Percentage of Float Shorted Over Time

IGM Biosciences Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/20242,700,000 shares $27.11 million -4.9%15.4%8.7 $10.04
11/15/20242,840,000 shares $26.89 million -15.7%16.2%9.3 $9.47
10/31/20243,370,000 shares $57.76 million -8.4%16.3%11.6 $17.14
10/15/20243,680,000 shares $56.78 million -8.5%17.8%12.1 $15.43
9/30/20244,020,000 shares $66.49 million -23.9%19.3%11.4 $16.54
9/15/20245,280,000 shares $64.94 million -4.7%25.3%16.7 $12.30
8/31/20245,540,000 shares $56.45 million -4.2%26.7%20 $10.19
8/15/20245,780,000 shares $53.58 million +2.5%27.8%16.4 $9.27
7/31/20245,640,000 shares $62.94 million -1.1%27.2%15.6 $11.16
7/15/20245,700,000 shares $59.11 million +9.2%27.2%15.2 $10.37
6/30/20245,220,000 shares $35.86 million +0.8%24.9%16.1 $6.87
6/15/20245,180,000 shares $37.71 million +0.8%24.7%16.1 $7.28
5/31/20245,140,000 shares $42.82 million -2.7%24.1%15.8 $8.33
5/15/20245,280,000 shares $50.11 million -15.4%24.8%17.2 $9.49
4/30/20246,240,000 shares $60.09 million +18.9%29.9%21.6 $9.63
4/15/20245,250,000 shares $49.40 million +0.6%25.0%19.4 $9.41
3/31/20245,220,000 shares $50.37 million +9.7%25.1%18.5 $9.65
3/15/20244,760,000 shares $50.65 million +5.5%22.9%16.4 $10.64
2/29/20244,510,000 shares $56.96 million -1.3%21.4%14.5 $12.63
2/15/20244,570,000 shares $70.38 million -2.6%21.9%14 $15.40
1/31/20244,690,000 shares $49.34 million -4.1%22.5%15.3 $10.52
1/15/20244,890,000 shares $53.50 million +4.7%23.5%14.2 $10.94
12/31/20234,670,000 shares $38.81 million +7.9%22.4%13.2 $8.31
12/15/20234,330,000 shares $28.58 million +5.4%20.9%12.5 $6.60
11/30/20234,110,000 shares $27.70 million -1.0%19.8%12.6 $6.74
11/15/20234,150,000 shares $24.49 million -17.0%20.0%13.9 $5.90
10/31/20235,000,000 shares $19.70 million -6.2%24.1%17.2 $3.94
10/15/20235,330,000 shares $23.51 million +1.5%25.7%20.6 $4.41
9/30/20235,250,000 shares $43.84 million -6.6%25.3%22.1 $8.35
9/15/20235,620,000 shares $41.36 million -0.4%27.1%21.3 $7.36
8/31/20235,640,000 shares $40.33 million +2.9%28.2%19 $7.15
8/15/20235,480,000 shares $42.74 million +12.3%27.4%17.1 $7.80
7/31/20234,880,000 shares $51.92 million -1.6%24.3%15.2 $10.64
7/15/20234,960,000 shares $49.60 million +2.3%26.1%15.8 $10.00
6/30/20234,850,000 shares $44.77 million +8.3%26.3%14.3 $9.23
6/15/20234,480,000 shares $45.07 million +2.5%24.2%13.4 $10.06
5/31/20234,370,000 shares $52.66 million +5.1%24.8%16.3 $12.05
5/15/20234,160,000 shares $57.32 million +2.5%23.7%18 $13.78
4/30/20234,060,000 shares $43.97 million +3.3%23.3%17.9 $10.83
4/15/20233,930,000 shares $43.66 million +7.4%22.8%18.2 $11.11
Why I'm telling friends to avoid gold stocks (Ad)

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.
3/31/20233,660,000 shares $50.29 million -0.5%21.2%16.1 $13.74
3/15/20233,680,000 shares $69.59 million +3.7%21.1%20.5 $18.91
2/28/20233,550,000 shares $74.62 million -2.2%20.3%18.1 $21.02
2/15/20233,630,000 shares $87.05 million -4.5%20.8%17.4 $23.98
1/31/20233,800,000 shares $86.37 million +5.0%21.8%16.2 $22.73
1/15/20233,620,000 shares $91.69 million +4.3%20.9%15.1 $25.33
12/30/20223,470,000 shares $59.02 million -4.7%20.0%16 $17.01
12/15/20223,640,000 shares $67.34 million +12.7%20.9%15.8 $18.50
11/30/20223,230,000 shares $71.09 million -9.3%18.7%14.9 $22.01
11/15/20223,560,000 shares $92.63 million +5.6%20.6%16.2 $26.02
10/31/20223,370,000 shares $67.40 million -2.3%19.5%17.4 $20.00
10/15/20223,450,000 shares $71.35 million +3.6%19.9%18 $20.68
9/30/20223,330,000 shares $75.72 million +3.4%19.2%17 $22.74
9/15/20223,220,000 shares $71.55 million -3.9%18.6%16.2 $22.22
8/31/20223,350,000 shares $65.02 million +3.1%20.1%15.3 $19.41
8/15/20223,250,000 shares $87.78 million -2.1%19.5%13.7 $27.01
7/31/20223,320,000 shares $53.49 million +1.2%21.1%12.2 $16.11
7/15/20223,280,000 shares $61.01 million +6.2%20.8%11.1 $18.60
6/30/20223,090,000 shares $55.71 million +4.4%19.6%9.1 $18.03
6/15/20222,960,000 shares $41.88 million -10.0%18.8%2.5 $14.15
5/31/20223,290,000 shares $55.21 million -6.3%20.9%2.8 $16.78
5/15/20223,510,000 shares $51.11 million -10.7%22.3%3 $14.56
4/30/20223,930,000 shares $65.79 million -9.0%27.0%3.4 $16.74
4/15/20224,320,000 shares $87.48 million -1.6%29.6%3.7 $20.25
3/31/20224,390,000 shares $117.34 million -3.1%N/A3.8 $26.73
3/15/20224,530,000 shares $60.79 million -1.7%30.8%14.3 $13.42
2/28/20224,610,000 shares $76.89 million -1.5%31.3%13.5 $16.68
2/15/20224,680,000 shares $80.96 million +2.2%31.7%13.8 $17.30
1/31/20224,580,000 shares $81.07 million +7.0%31.1%13.8 $17.70
1/15/20224,280,000 shares $93.65 million +3.6%N/A0 $21.88
12/31/20214,130,000 shares $121.13 million +14.1%28.0%15.4 $29.33
12/15/20213,620,000 shares $102.63 million -0.8%24.5%14.3 $28.35
11/30/20213,650,000 shares $182.21 million +1.1%24.8%20.9 $49.92
11/15/20213,610,000 shares $216.56 million +7.8%24.4%21.7 $59.99
10/29/20213,350,000 shares $157.18 million +2.8%22.9%21.6 $46.92
10/15/20213,260,000 shares $192.05 million +3.2%22.6%23.7 $58.91
9/30/20213,160,000 shares $207.80 million -1.3%21.9%24.1 $65.76
9/15/20213,200,000 shares $218.75 million -3.6%22.2%24.7 $68.36
8/31/20213,320,000 shares $236.42 million -0.3%23.1%24.2 $71.21
8/13/20213,330,000 shares $251.55 million +12.9%23.1%23 $75.54
7/30/20212,950,000 shares $200.63 million +1.0%20.6%19.6 $68.01
7/15/20212,920,000 shares $238.80 million -1.0%20.4%20.2 $81.78
6/30/20212,950,000 shares $245.44 million -3.6%20.6%18.4 $83.20
6/15/20213,060,000 shares $272.10 million +6.3%21.3%17.1 $88.92
5/28/20212,880,000 shares $214.99 million -3.4%20.1%14.7 $74.65
5/14/20212,980,000 shares $194.92 million -0.7%20.8%15.1 $65.41
4/30/20213,000,000 shares $215.37 million -0.3%21.0%15 $71.79
4/15/20213,010,000 shares $192.43 million -15.5%21.1%15.3 $63.93
3/31/20213,560,000 shares $267.21 million +47.7%24.9%18.2 $75.06
3/15/20212,410,000 shares $211.67 million +12.6%16.9%11.5 $87.83
Why I'm telling friends to avoid gold stocks (Ad)

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.
2/26/20212,140,000 shares $179.65 million +10.3%15.0%7.4 $83.95
2/12/20211,940,000 shares $212.14 million -13.8%13.6%6.7 $109.35
1/29/20212,250,000 shares $214.52 million -8.5%15.8%7.6 $95.34
1/15/20212,460,000 shares $232.40 million -3.9%17.3%7.9 $94.47
12/31/20202,560,000 shares $233.42 million +18.0%18.0%8 $91.18
12/15/20202,170,000 shares $189.74 million -6.1%15.3%6.9 $87.44
11/30/20202,310,000 shares $156.34 million +5.5%17.6%7.7 $67.68
11/15/20202,190,000 shares $117.10 million +12.3%16.7%10.2 $53.47
10/30/20201,950,000 shares $107.13 million +29.1%14.9%9.8 $54.94
10/15/20201,510,000 shares $118.23 million -3.8%11.5%9.1 $78.30
9/30/20201,570,000 shares $115.88 million +1.3%12.0%11.2 $73.81
9/15/20201,550,000 shares $103.21 million +14.0%11.8%11.6 $66.59
8/31/20201,360,000 shares $58.48 million +3.0%10.4%12.6 $43.00
8/14/20201,320,000 shares $68.53 million +1.5%10.1%13.5 $51.92
7/31/20201,300,000 shares $65.34 million +20.4%10.0%13.2 $50.26
7/15/20201,080,000 shares $67.69 million +4.9%8.3%11.7 $62.68
6/30/20201,030,000 shares $69.98 million +38.4%7.9%10.8 $67.94
6/15/2020744,200 shares $46.54 million +2.3%5.7%8.3 $62.54
5/29/2020727,400 shares $47.27 million +9.3%5.6%7.9 $64.99
5/15/2020665,300 shares $38.64 million +1.1%5.1%6.5 $58.08
4/30/2020658,300 shares $36.06 million +5.7%5.1%5.6 $54.77
4/15/2020622,900 shares $34.88 million +11.5%4.8%5 $56.00
3/31/2020558,500 shares $31.56 million +24.7%4.3%4 $56.50
3/13/2020448,000 shares $29.04 million -0.8%3.5%2.8 $64.83
2/28/2020451,500 shares $23.32 million +1.1%3.5%2.7 $51.64
2/14/2020446,700 shares $22.52 million -22.0%3.5%2.8 $50.41
1/31/2020572,300 shares $30.62 million -14.7%4.5%3.7 $53.50
1/15/2020670,900 shares $28.82 million +45.6%5.3%4.4 $42.96
12/31/2019460,800 shares $18.35 million No Change3.7%3.4 $39.83

IGMS Short Interest - Frequently Asked Questions

What is IGM Biosciences' current short interest?

Short interest is the volume of IGM Biosciences shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 2,700,000 shares of IGMS short. 15.41% of IGM Biosciences' shares are currently sold short. Learn More on IGM Biosciences' current short interest.

What is a good short interest ratio for IGM Biosciences?

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. IGMS shares currently have a short interest ratio of 9.0. Learn More on IGM Biosciences's short interest ratio.

What is a good short interest percentage for IGM Biosciences?

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. 15.41% of IGM Biosciences' floating shares are currently sold short.

Is IGM Biosciences' short interest increasing or decreasing?

IGM Biosciences saw a decrease in short interest in the month of November. As of November 30th, there was short interest totaling 2,700,000 shares, a decrease of 4.9% from the previous total of 2,840,000 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 IGM Biosciences' float size?

IGM Biosciences currently has issued a total of 59,464,000 shares. Some of IGM Biosciences' 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. IGM Biosciences currently has a public float of 17,520,000 shares.

How does IGM Biosciences' short interest compare to its competitors?

15.41% of IGM Biosciences' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical products" compare to IGM Biosciences: Evotec SE (0.14%), Arcutis Biotherapeutics, Inc. (20.10%), Nurix Therapeutics, Inc. (13.20%), Arcus Biosciences, Inc. (16.69%), Kiniksa Pharmaceuticals, Ltd. (5.57%), Immunocore Holdings plc (14.78%), Ocular Therapeutix, Inc. (6.78%), Mesoblast Limited (1.24%), Travere Therapeutics, Inc. (9.70%), Intellia Therapeutics, Inc. (18.57%),

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 IGM Biosciences stock?

Short selling IGMS is an investing strategy that aims to generate trading profit from IGM Biosciences as its price is falling. IGMS shares are trading down $0.15 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 IGM Biosciences?

A short squeeze for IGM Biosciences 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 IGMS, which in turn drives the price of the stock up even further.

How often is IGM Biosciences' 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 IGMS, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:IGMS) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners