Psyence Biomedical (PBM) Short Interest Ratio & Short Volume

Short interest is the volume of Psyence Biomedical shares that have been sold short but have not yet been closed out or covered. As of December 31st, investors have sold 76,100 shares of PBM short. 13.73% of Psyence Biomedical's shares are currently sold short. Learn More on Psyence Biomedical's current short interest.

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. 13.73% of Psyence Biomedical's floating shares are currently sold short.

Psyence Biomedical saw a decrease in short interest in December. As of December 31st, there was short interest totaling 76,100 shares, a decrease of 44.7% from the previous total of 137,700 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.

Psyence Biomedical currently has issued a total of 840,000 shares. Some of Psyence Biomedical'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. Psyence Biomedical currently has a public float of 554,400 shares.

13.73% of Psyence Biomedical's shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Psyence Biomedical: CNS Pharmaceuticals, Inc. (0.82%), Galecto, Inc. (1.47%), Kazia Therapeutics Limited (0.13%), GRI Bio, Inc. (3.05%), Adial Pharmaceuticals, Inc. (0.36%), Alzamend Neuro, Inc. (0.62%), Trinity Biotech plc (0.27%), Genprex, Inc. (4.79%), Evoke Pharma, Inc. (2.52%), Aeterna Zentaris Inc. (0.18%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling PBM is an investing strategy that aims to generate trading profit from Psyence Biomedical as its price is falling. PBM shares are trading down $0.07 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.

A short squeeze for Psyence Biomedical 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 PBM, 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 PBM, twice per month. The most recent reporting period available is December, 31 2024.