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Nexalin Technology (NXLIW) Short Interest Ratio & Short Volume

$0.55 -0.11 (-16.66%)
(As of 11/20/2024 ET)

Nexalin Technology Short Interest Data

Nexalin Technology (NXLIW) has a short interest of 700 shares. This marks a 16.67% increase in short interest from the previous month. The short interest ratio (days to cover) is 0.1, indicating that it would take 0.1 days of the average trading volume of 23,155 shares to cover all short positions.

Current Short Interest
700 shares
Previous Short Interest
600 shares
Change Vs. Previous Month
+16.67%
Dollar Volume Sold Short
$133.07
Short Interest Ratio
0.1 Days to Cover
Last Record Date
July 31, 2024
Today's Trading Volume
610 shares
Average Trading Volume
23,155 shares
Today's Volume Vs. Average
3%
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NXLIW Short Interest Over Time

NXLIW Days to Cover Over Time

NXLIW Percentage of Float Shorted Over Time

Nexalin Technology Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
7/31/2024700 shares $133.07 +16.7%N/A0.1 $0.19
7/15/2024600 shares $91.32 No ChangeN/A0.1 $0.15

NXLIW Short Interest - Frequently Asked Questions

What is Nexalin Technology's current short interest?

Short interest is the volume of Nexalin Technology shares that have been sold short but have not yet been closed out or covered. As of July 31st, traders have sold 700 shares of NXLIW short. Learn More on Nexalin Technology's current short interest.

Is Nexalin Technology's short interest increasing or decreasing?

Nexalin Technology saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 700 shares, an increase of 16.7% from the previous total of 600 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 Nexalin Technology's short interest compare to its competitors?

Here is how the short interest of companies in the sector of "medical" compare to Nexalin Technology: Alvotech (0.07%), American Oncology Network, Inc. (1.87%),

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. ($4.45 billion), Moderna, Inc. ($2.69 billion), Royal Caribbean Cruises Ltd. ($2.55 billion), Paychex, Inc. ($2.13 billion), Rivian Automotive, Inc. ($1.96 billion), Onsemi ($1.94 billion), Tractor Supply ($1.84 billion), Enphase Energy, Inc. ($1.77 billion), Chesapeake Energy Co. ($1.69 billion), and International Paper ($1.54 billion). View all of the most shorted stocks.

What does it mean to sell short Nexalin Technology stock?

Short selling NXLIW is an investing strategy that aims to generate trading profit from Nexalin Technology as its price is falling. NXLIW shares are trading down $0.11 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 Nexalin Technology?

A short squeeze for Nexalin Technology 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 NXLIW, which in turn drives the price of the stock up even further.

How often is Nexalin Technology'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 NXLIW, twice per month. The most recent reporting period available is July, 31 2024.




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