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Psyence Biomedical (PBM) Short Interest Ratio & Short Volume

Psyence Biomedical logo
$0.05 0.00 (0.00%)
(As of 11/21/2024 ET)

Psyence Biomedical Short Interest Data

Psyence Biomedical (PBM) has a short interest of 671,900 shares, representing 7.21% of the float (the number of shares available for trading by the public). This marks a 10.95% 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 4.13 million shares to cover all short positions.

Current Short Interest
671,900 shares
Previous Short Interest
605,600 shares
Change Vs. Previous Month
+10.95%
Dollar Volume Sold Short
$46,495.48
Short Interest Ratio
0.1 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
63,380,000 shares
Float Size
9,320,000 shares
Short Percent of Float
7.21%
Today's Trading Volume
7,399,522 shares
Average Trading Volume
4,126,645 shares
Today's Volume Vs. Average
179%
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PBM Short Interest Over Time

PBM Days to Cover Over Time

PBM Percentage of Float Shorted Over Time

Psyence Biomedical Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/2024671,900 shares $46,495.48 +11.0%7.2%0.1 $0.07
10/15/2024605,600 shares $64,799.20 +181.5%6.5%0.1 $0.11
9/30/2024215,100 shares $21,510.00 -44.0%2.3%0 $0.10
9/15/2024384,200 shares $59,935.20 +34.4%4.2%0.1 $0.16
8/31/2024285,900 shares $117,161.82 -58.7%3.8%0.1 $0.41
8/15/2024692,300 shares $366,088.24 -42.3%9.3%0.3 $0.53
7/31/20241,200,000 shares $708,000.00 +400.8%19.9%0.5 $0.59
7/15/2024239,600 shares $84,818.40 -36.8%5.1%0.4 $0.35
6/30/2024378,900 shares $113,670.00 +94.8%8.1%0.8 $0.30
6/15/2024194,500 shares $117,400.20 +15.6%4.1%0.4 $0.60
5/31/2024168,300 shares $126,225.00 -21.3%3.6%0.2 $0.75
5/15/2024213,800 shares $182,114.84 -15.0%4.6%0.1 $0.85
4/30/2024251,500 shares $226,224.25 +3.8%5.4%0.1 $0.90
4/15/2024242,300 shares $192,507.35 -27.7%5.2%0.1 $0.79
3/31/2024335,300 shares $382,242.00 +15.6%7.1%0.1 $1.14
3/15/2024290,100 shares $374,229.00 +259.9%6.2%0.1 $1.29
2/29/202480,600 shares $44,330.00 +42.9%1.7%0 $0.55
2/15/202456,400 shares $37,522.92 +944.4%7.1%0.5 $0.67
1/31/20245,400 shares $9,612.00 No Change0.7%0.1 $1.78

PBM Short Interest - Frequently Asked Questions

What is Psyence Biomedical's current short interest?

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 October 31st, investors have sold 671,900 shares of PBM short. 7.21% of Psyence Biomedical's shares are currently sold short. Learn More on Psyence Biomedical's current short interest.

What is a good short interest percentage for Psyence Biomedical?

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. 7.21% of Psyence Biomedical's floating shares are currently sold short.

Is Psyence Biomedical's short interest increasing or decreasing?

Psyence Biomedical saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 671,900 shares, an increase of 10.9% from the previous total of 605,600 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.

What is Psyence Biomedical's float size?

Psyence Biomedical currently has issued a total of 63,380,000 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 9,320,000 shares.

How does Psyence Biomedical's short interest compare to its competitors?

7.21% 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: Talphera, Inc. (0.60%), Aspira Women's Health Inc. (4.86%), Turnstone Biologics Corp. (2.69%), Eagle Pharmaceuticals, Inc. (2.90%), Indaptus Therapeutics, Inc. (1.85%), Conduit Pharmaceuticals Inc. (3.72%), Kiora Pharmaceuticals, Inc. (1.76%), Imunon, Inc. (3.52%), ImmunoPrecise Antibodies Ltd. (3.05%), Mustang Bio, Inc. (1.59%),

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 Psyence Biomedical stock?

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 $0.00 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 Psyence Biomedical?

A short squeeze for Psyence Biomedical 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 PBM, which in turn drives the price of the stock up even further.

How often is Psyence Biomedical'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 PBM, twice per month. The most recent reporting period available is October, 31 2024.




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