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Legend Biotech (LEGN) Short Interest Ratio & Short Volume

Legend Biotech logo
$40.14 +1.74 (+4.53%)
(As of 11/20/2024 ET)

Legend Biotech Short Interest Data

Legend Biotech (LEGN) has a short interest of 15.86 million shares. This marks a 32.72% increase in short interest from the previous month. The short interest ratio (days to cover) is 14.3, indicating that it would take 14.3 days of the average trading volume of 1.53 million shares to cover all short positions.

Current Short Interest
15,860,000 shares
Previous Short Interest
11,950,000 shares
Change Vs. Previous Month
+32.72%
Dollar Volume Sold Short
$714.02 million
Short Interest Ratio
14.3 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
182,300,000 shares
Percentage of Shares Shorted
8.70%
Today's Trading Volume
2,240,087 shares
Average Trading Volume
1,529,159 shares
Today's Volume Vs. Average
146%
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LEGN Short Interest Over Time

LEGN Days to Cover Over Time

LEGN Percentage of Float Shorted Over Time

Legend Biotech Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/202415,860,000 shares $714.02 million +32.7%N/A14.3 $45.02
10/15/202411,950,000 shares $536.67 million -1.0%N/A12.2 $44.91
9/30/202412,070,000 shares $588.17 million +15.3%N/A12.7 $48.73
9/15/202410,470,000 shares $526.75 million +2.5%N/A11.3 $50.31
8/31/202410,220,000 shares $588.16 million -4.6%N/A10.8 $57.55
8/15/202410,710,000 shares $597.08 million +6.3%N/A9.6 $55.75
7/31/202410,080,000 shares $568.41 million -8.9%N/A8.5 $56.39
7/15/202411,060,000 shares $597.13 million -0.9%N/A9.1 $53.99
6/30/202411,160,000 shares $494.28 million +1.5%N/A9.9 $44.29
6/15/202411,000,000 shares $466.95 million -17.0%N/A9.7 $42.45
5/31/202413,260,000 shares $530.53 million +2.2%N/A11 $40.01
5/15/202412,980,000 shares $593.96 million -2.3%N/A12.2 $45.76
4/30/202413,280,000 shares $580.87 million +21.0%N/A13.5 $43.74
4/15/202410,980,000 shares $567.78 million +9.9%N/A10.9 $51.71
3/31/20249,990,000 shares $560.34 million -5.0%N/A10.2 $56.09
3/15/202410,510,000 shares $672.85 million +2.4%N/A10.8 $64.02
2/29/202410,260,000 shares $668.54 million +3.2%N/A11.1 $65.16
2/15/20249,940,000 shares $567.08 million -1.1%N/A9.7 $57.05
1/31/202410,050,000 shares $553.35 million +0.4%N/A9.8 $55.06
1/15/202410,010,000 shares $608.31 million +0.7%N/A10.4 $60.77
12/31/20239,940,000 shares $598.09 million -7.4%N/A11.5 $60.17
12/15/202310,730,000 shares $657.64 million -0.2%N/A13 $61.29
11/30/202310,750,000 shares $653.82 million +21.1%N/A14.2 $60.82
11/15/20238,880,000 shares $576.93 million +9.2%N/A15.7 $64.97
10/31/20238,130,000 shares $537.15 million -0.4%N/A16.1 $66.07
10/15/20238,160,000 shares $542.64 million +4.8%N/A16.1 $66.50
9/30/20237,790,000 shares $523.25 million +8.0%N/A14.7 $67.17
9/15/20237,210,000 shares $478.38 million -2.8%N/A13.4 $66.35
8/31/20237,420,000 shares $514.65 million +7.2%N/A12.1 $69.36
8/15/20236,920,000 shares $463.29 million +1.6%N/A10 $66.95
7/31/20236,810,000 shares $514.29 million +15.8%N/A9.8 $75.52
7/15/20235,880,000 shares $408.42 million -1.5%N/A7.8 $69.46
6/30/20235,970,000 shares $412.11 million +5.9%N/A6.6 $69.03
6/15/20235,640,000 shares $401.85 million +24.5%N/A6.2 $71.25
5/31/20234,530,000 shares $290.69 million -3.2%N/A5.4 $64.17
5/15/20234,680,000 shares $342.30 million +13.6%N/A5.8 $73.14
4/30/20234,120,000 shares $283.09 million -21.4%N/A5.2 $68.71
4/15/20235,240,000 shares $277.82 million -11.2%N/A6.4 $53.02
3/31/20235,900,000 shares $284.50 million +15.5%N/A9.3 $48.22
3/15/20235,110,000 shares $239.71 million +14.8%N/A8.3 $46.91
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2/28/20234,450,000 shares $205.50 million +12.7%N/A6.7 $46.18
2/15/20233,950,000 shares $192.96 million +7.1%N/A6 $48.85
1/31/20233,690,000 shares $186.35 million +0.8%N/A5.5 $50.50
1/15/20233,660,000 shares $209.97 million +1.7%N/A5.4 $57.37
12/30/20223,600,000 shares $179.71 million -19.1%N/A5.2 $49.92
12/15/20224,450,000 shares $230.69 million +13.2%N/A6.4 $51.84
11/30/20223,930,000 shares $202.43 million +6.5%N/A5.4 $51.51
11/15/20223,690,000 shares $193.73 million -38.7%N/A5.2 $52.50
10/31/20226,020,000 shares $299.92 million -13.0%N/A8.6 $49.82
10/15/20226,920,000 shares $275.07 million +2.5%N/A8.7 $39.75
9/30/20226,750,000 shares $275.40 million +22.3%N/A8.8 $40.80
9/15/20225,520,000 shares $240.12 million +22.7%N/A7.3 $43.50
8/31/20224,500,000 shares $209.21 million +10.8%N/A6.1 $46.49
8/15/20224,060,000 shares $189.68 million +17.0%N/A5.6 $46.72
7/31/20223,470,000 shares $163.92 million -18.7%N/A4.8 $47.24
7/15/20224,270,000 shares $228.23 million -8.4%N/A6.7 $53.45
6/30/20224,660,000 shares $256.30 million -3.9%N/A7.6 $55.00
6/15/20224,850,000 shares $211.27 million -2.8%N/A7.9 $43.56
5/31/20224,990,000 shares $211.03 million +9.2%N/A7.1 $42.29
5/15/20224,570,000 shares $179.88 million +16.0%N/A5.8 $39.36
4/30/20223,940,000 shares $158.19 million -9.8%N/A4.9 $40.15
4/15/20224,370,000 shares $177.60 million +7.4%N/A5.5 $40.64
3/31/20224,070,000 shares $147.90 million -11.3%N/A5.3 $36.34
3/15/20224,590,000 shares $163.54 million -5.4%N/A5.7 $35.63
2/28/20224,850,000 shares $192.01 million +4.3%N/A6.1 $39.59
2/15/20224,650,000 shares $188.79 million No ChangeN/A6.1 $40.60
1/31/20224,650,000 shares $198.28 million -16.4%N/A6.4 $42.64
1/15/20225,560,000 shares $230.74 million -6.6%N/A7.7 $41.50
12/31/20215,950,000 shares $277.33 million +60.4%N/A8.5 $46.61
12/15/20213,710,000 shares $152.63 million +23.3%N/A5.3 $41.14
11/30/20213,010,000 shares $155.05 million -3.2%N/A5.5 $51.51
11/15/20213,110,000 shares $152.73 million +44.7%N/A7.1 $49.11
10/29/20212,150,000 shares $112.88 million +16.9%N/A5 $52.50
10/15/20211,840,000 shares $95.51 million +21.1%N/A4.5 $51.91
9/30/20211,520,000 shares $76.85 million +16.0%N/A3.7 $50.56
9/15/20211,310,000 shares $53.15 million No ChangeN/A3.5 $40.57
8/31/20211,310,000 shares $50.16 million -10.3%N/A3.5 $38.29
8/13/20211,460,000 shares $59.36 million -31.5%1.1%3.5 $40.66
7/30/20212,130,000 shares $91.65 million -2.3%1.7%4.1 $43.03
7/15/20212,180,000 shares $85.85 million +15.3%1.7%4.3 $39.38
6/30/20211,890,000 shares $77.58 million -6.9%1.5%4 $41.05
6/15/20212,030,000 shares $78.85 million -11.0%1.6%4.2 $38.84
5/28/20212,280,000 shares $89.76 million +34.9%1.8%5 $39.37
5/14/20211,690,000 shares $52.42 million -8.7%1.3%3.8 $31.02
4/30/20211,850,000 shares $55.70 million -22.3%1.4%5.6 $30.11
4/15/20212,380,000 shares $63.69 million +5.8%1.9%6.5 $26.76
3/31/20212,250,000 shares $64.69 million -40.8%1.8%5.8 $28.75
3/15/20213,800,000 shares $96.25 million +17.7%3.0%10.2 $25.33
2/26/20213,230,000 shares $88.76 million +12.9%2.5%8.6 $27.48
2/12/20212,860,000 shares $72.79 million +40.2%2.3%8.1 $25.45
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Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…

1/29/20212,040,000 shares $52.53 million +6.8%1.6%6.2 $25.75
1/15/20211,910,000 shares $56.35 million No Change1.5%6.3 $29.50

LEGN Short Interest - Frequently Asked Questions

What is Legend Biotech's current short interest?

Short interest is the volume of Legend Biotech shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 15,860,000 shares of LEGN short. Learn More on Legend Biotech's current short interest.

What is a good short interest ratio for Legend 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. LEGN shares currently have a short interest ratio of 14.0. Learn More on Legend Biotech's short interest ratio.

Which institutional investors are shorting Legend Biotech?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Legend Biotech: Jane Street Group LLC, and Walleye Capital LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Legend Biotech's short interest increasing or decreasing?

Legend Biotech saw a increase in short interest in October. As of October 31st, there was short interest totaling 15,860,000 shares, an increase of 32.7% from the previous total of 11,950,000 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.

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

Here is how the short interest of companies in the sector of "medical" compare to Legend Biotech: Autolus Therapeutics plc (2.70%), bluebird bio, Inc. (24.54%), BioNTech SE (0.84%), Teva Pharmaceutical Industries Limited (1.60%), BeiGene, Ltd. (1.12%), Viatris Inc. (2.09%), Summit Therapeutics Inc. (2.31%), Moderna, Inc. (10.02%), Genmab A/S (0.37%), Dr. Reddy's Laboratories Limited (1.28%),

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 Legend Biotech stock?

Short selling LEGN is an investing strategy that aims to generate trading profit from Legend Biotech as its price is falling. LEGN shares are trading up $1.74 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 Legend Biotech?

A short squeeze for Legend 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 LEGN, which in turn drives the price of the stock up even further.

How often is Legend 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 LEGN, twice per month. The most recent reporting period available is October, 31 2024.




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