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Otonomy (OTIC) Short Interest Ratio & Short Volume

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Otonomy Short Interest Data

Otonomy (OTIC) has a short interest of 3.65 million shares, representing 14.59% of the float (the number of shares available for trading by the public). This marks a 157.04% increase in short interest from the previous month. The short interest ratio (days to cover) is 0.3, indicating that it would take 0.3 days of the average trading volume of 937,525 shares to cover all short positions.

Current Short Interest
3,650,000 shares
Previous Short Interest
1,420,000 shares
Change Vs. Previous Month
+157.04%
Dollar Volume Sold Short
$419,750.00
Short Interest Ratio
0.3 Days to Cover
Last Record Date
December 15, 2022
Outstanding Shares
68,527,000 shares
Float Size
25,010,000 shares
Short Percent of Float
14.59%
Today's Trading Volume
0 shares
Average Trading Volume
937,525 shares
Today's Volume Vs. Average
0%
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OTIC Short Interest Over Time

OTIC Days to Cover Over Time

OTIC Percentage of Float Shorted Over Time

Otonomy Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
12/15/20223,650,000 shares $419,750.00 +157.0%14.6%0.3 $0.12
11/30/20221,420,000 shares $254,748.00 +73.7%2.6%0.1 $0.18
11/15/2022817,400 shares $106,262.00 +218.4%1.5%0.3 $0.13
10/31/2022256,700 shares $25,259.28 -48.3%0.5%0.2 $0.10
10/15/2022496,400 shares $54,604.00 -28.5%0.9%0.2 $0.11
9/30/2022694,400 shares $204,848.00 -3.9%1.3%0.4 $0.30
9/15/2022722,800 shares $239,752.76 +0.5%1.3%0.4 $0.33
8/31/2022719,500 shares $263,337.00 +66.2%1.3%0.4 $0.37
8/15/2022432,800 shares $189,826.08 +39.5%0.8%0.3 $0.44
7/31/2022310,200 shares $443,586.00 +6.1%0.6%0.2 $1.43
7/15/2022292,400 shares $625,736.00 -17.7%0.5%2.1 $2.14
6/30/2022355,100 shares $738,608.00 -36.7%0.7%2.6 $2.08
6/15/2022561,200 shares $1.07 million -1.9%1.0%4.1 $1.90
5/31/2022572,000 shares $1.12 million +6.8%1.1%4.5 $1.96
5/15/2022535,600 shares $948,012.00 +6.0%1.0%3.4 $1.77
4/30/2022505,300 shares $1.11 million +9.3%0.9%3.3 $2.20
4/15/2022462,300 shares $1.03 million -13.8%0.9%3 $2.23
3/31/2022536,300 shares $1.29 million -12.1%1.0%3.6 $2.40
3/15/2022609,800 shares $1.43 million +1.0%1.1%3.8 $2.35
2/28/2022604,000 shares $1.22 million -10.9%1.1%3.5 $2.02
2/15/2022677,800 shares $1.48 million -7.9%1.3%3.8 $2.18
1/31/2022735,900 shares $1.48 million +0.3%1.4%3.7 $2.01
1/15/2022733,900 shares $1.49 million +16.0%1.4%3.5 $2.03
12/31/2021632,700 shares $1.32 million -5.9%1.2%2.7 $2.08
12/15/2021672,400 shares $1.45 million +4.6%1.2%2.8 $2.15
11/30/2021643,000 shares $1.32 million +0.0%1.2%2.4 $2.05
11/15/2021642,800 shares $1.37 million +6.1%1.2%2.6 $2.13
10/29/2021606,000 shares $1.27 million +7.1%1.2%1.9 $2.10
10/15/2021565,700 shares $1.09 million +25.3%1.1%1.6 $1.92
9/30/2021451,600 shares $867,072.00 -13.7%0.9%1.3 $1.92
9/15/2021523,200 shares $837,120.00 +14.8%1.0%1.3 $1.60
8/31/2021455,600 shares $710,736.00 -48.0%0.9%1.2 $1.56
8/13/2021876,100 shares $1.29 million -10.3%1.7%2.3 $1.47
7/30/2021976,800 shares $1.75 million +4.7%1.9%3.1 $1.79
7/15/2021933,300 shares $1.74 million -1.0%1.7%2.9 $1.86
6/30/2021943,000 shares $2.10 million +9.4%1.8%2.4 $2.23
6/15/2021862,400 shares $2.04 million -17.9%1.6%1.9 $2.36
5/28/20211,050,000 shares $2.45 million +14.8%2.0%2.2 $2.33
5/14/2021914,300 shares $1.92 million +10.4%N/A1.3 $2.10
4/30/2021828,300 shares $1.95 million -6.3%N/A0.8 $2.36
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4/15/2021884,400 shares $2.05 million -2.6%N/A0.7 $2.32
3/31/2021907,600 shares $2.26 million -33.8%N/A0.8 $2.49
3/15/20211,370,000 shares $3.85 million -32.2%N/A1.2 $2.81
2/26/20212,020,000 shares $5.96 million +18.1%N/A1.8 $2.95
2/12/20211,710,000 shares $9.15 million +16.3%N/A1.8 $5.35
1/29/20211,470,000 shares $6.73 million +29.0%N/A2.7 $4.58
1/15/20211,140,000 shares $6.50 million +17.0%N/A2.6 $5.70
12/31/2020974,000 shares $5.74 million -12.3%N/A2.7 $5.89
12/15/20201,110,000 shares $5.96 million +35.9%N/A3 $5.37
11/30/2020817,100 shares $3.68 million +35.8%N/A3 $4.50
11/15/2020601,500 shares $2.49 million -3.1%N/A2.2 $4.14
10/30/2020620,900 shares $2.28 million +8.1%N/A1.9 $3.68
10/15/2020574,200 shares $2.27 million -6.4%N/A1.5 $3.95
9/30/2020613,700 shares $2.49 million -2.3%N/A1.5 $4.05
9/15/2020628,300 shares $2.45 million +13.4%N/A1.3 $3.90
8/31/2020553,900 shares $2.12 million +38.5%N/A1.2 $3.82
8/14/2020400,000 shares $1.34 million +40.0%N/A0.9 $3.36
7/31/2020285,800 shares $1.00 million -5.3%N/A0.8 $3.51
7/15/2020301,800 shares $1.29 million +69.1%N/A1.1 $4.27
6/30/2020178,500 shares $646,170.00 +21.8%0.7%0.8 $3.62
6/15/2020146,500 shares $424,850.00 +3.7%0.6%1.3 $2.90
5/29/2020141,300 shares $361,728.00 +0.1%0.6%1.4 $2.56
5/15/2020141,100 shares $331,585.00 +2.4%0.6%1.4 $2.35
4/30/2020137,800 shares $323,830.00 -14.1%0.6%1 $2.35
4/15/2020160,400 shares $327,216.00 -27.3%0.7%1.1 $2.04
3/31/2020220,600 shares $445,612.00 +79.9%0.9%1.3 $2.02
3/13/2020122,600 shares $239,070.00 +23.1%0.5%1.2 $1.95
2/28/202099,600 shares $172,308.00 -35.6%0.4%0.5 $1.73
2/14/2020154,600 shares $445,248.00 +18.7%0.6%0.8 $2.88
1/31/2020130,300 shares $422,172.00 -29.1%0.5%0.7 $3.24
1/15/2020183,800 shares $729,686.00 +37.2%0.7%1.1 $3.97
12/31/2019134,000 shares $451,580.00 +2.1%0.5%0.9 $3.37

OTIC Short Interest - Frequently Asked Questions

What is Otonomy's current short interest?

Short interest is the volume of Otonomy shares that have been sold short but have not yet been covered or closed out. As of December 15th, investors have sold 3,650,000 shares of OTIC short. 14.59% of Otonomy's shares are currently sold short. Learn More on Otonomy's current short interest.

What is a good short interest percentage for Otonomy?

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. 14.59% of Otonomy's floating shares are currently sold short.

Is Otonomy's short interest increasing or decreasing?

Otonomy saw a increase in short interest in December. As of December 15th, there was short interest totaling 3,650,000 shares, an increase of 157.0% from the previous total of 1,420,000 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 Otonomy's float size?

Otonomy currently has issued a total of 68,527,000 shares. Some of Otonomy's 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. Otonomy currently has a public float of 25,010,000 shares.

How does Otonomy's short interest compare to its competitors?

14.59% of Otonomy's shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Otonomy: Dermata Therapeutics, Inc. (2.85%), Clearmind Medicine Inc. (6.38%), Cyclacel Pharmaceuticals, Inc. (3.11%), Aptevo Therapeutics Inc. (7.60%), Galmed Pharmaceuticals Ltd. (1.39%), Salarius Pharmaceuticals, Inc. (2.60%), 180 Life Sciences Corp. (13.23%), Virpax Pharmaceuticals, Inc. (5.09%), Psyence Biomedical Ltd. (1.66%), Oncternal Therapeutics, Inc. (0.54%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.47 billion), Suncor Energy Inc. ($2.33 billion), T. Rowe Price Group, Inc. ($2.14 billion), PG&E Co. ($1.61 billion), Etsy, Inc. ($1.56 billion), Paramount Global ($1.53 billion), Old Dominion Freight Line, Inc. ($1.49 billion), Coinbase Global, Inc. ($1.46 billion), DICK'S Sporting Goods, Inc. ($1.30 billion), and C.H. Robinson Worldwide, Inc. ($1.26 billion). View all of the most shorted stocks.

What does it mean to sell short Otonomy stock?

Short selling OTIC is an investing strategy that aims to generate trading profit from Otonomy 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.

How does a short squeeze work against Otonomy?

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

How often is Otonomy'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 OTIC, twice per month. The most recent reporting period available is December, 15 2022.




This page (NASDAQ:OTIC) was last updated on 12/21/2024 by MarketBeat.com Staff
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