Nexalin Technology (NXLIW) Short Interest Ratio & Short Volume

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, investors have sold 700 shares of NXLIW short. Learn More on Nexalin Technology's current short interest.

Nexalin Technology saw a increase in short interest in 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.

Here is how the short interest of companies in the sector of "medical" compare to Nexalin Technology: Koninklijke Philips (0.24%), Alvotech (0.07%), American Oncology Network, Inc. (1.87%), Bruush Oral Care Inc. (434.44%), Clever Leaves Holdings Inc. (2.22%).

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.

Short selling NXLIW is an investing strategy that aims to generate trading profit from Nexalin Technology as its price is falling. 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 Nexalin Technology 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 NXLIW, 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 NXLIW, twice per month. The most recent reporting period available is July, 31 2024.