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Psyence Biomedical (PBMWW) Short Interest Ratio & Short Volume

$0.02
0.00 (0.00%)
(As of 11/1/2024 ET)

Psyence Biomedical Short Interest Data

Psyence Biomedical (PBMWW) has a short interest of 44,000 shares. This marks a -8.71% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.7, indicating that it would take 0.7 days of the average trading volume of 91,709 shares to cover all short positions.

Current Short Interest
44,000 shares
Previous Short Interest
48,200 shares
Change Vs. Previous Month
-8.71%
Dollar Volume Sold Short
$453.20
Short Interest Ratio
0.7 Days to Cover
Last Record Date
October 15, 2024
Today's Trading Volume
27,881 shares
Average Trading Volume
91,709 shares
Today's Volume Vs. Average
30%
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PBMWW Short Interest Over Time

PBMWW Days to Cover Over Time

PBMWW 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
10/15/202444,000 shares $453.20 -8.7%N/A0.7 $0.01
9/30/202448,200 shares $612.14 -10.6%N/A7 $0.01
9/15/202453,900 shares $808.50 -2.5%N/A7.2 $0.02
8/31/202455,300 shares $1,157.43 -2.0%N/A3.9 $0.02
8/15/202456,400 shares $1,122.36 -2.3%N/A1.6 $0.02
7/31/202457,700 shares $853.96 -10.5%N/A1.6 $0.01
7/15/202464,500 shares $806.25 -4.2%N/A1.5 $0.01
6/30/202467,300 shares $706.65 -2.2%N/A1.4 $0.01
6/15/202468,800 shares $1,561.76 +60.4%N/A1.4 $0.02
5/31/202442,900 shares $1,295.58 -0.2%N/A0.4 $0.03
5/15/202443,000 shares $1,806.00 -0.2%N/A0.5 $0.04
4/30/202443,100 shares $2,900.63 +2.6%N/A0.5 $0.07
4/15/202442,000 shares $3,318.00 -2.6%N/A0.4 $0.08
3/31/202443,100 shares $3,017.00 +4.9%N/A0.4 $0.07
3/15/202441,100 shares $5,754.00 +11.7%N/A0.4 $0.14
2/29/202436,800 shares $1,004.64 +1.1%N/A0.6 $0.03
2/15/202436,400 shares $1,339.52 +12,033.3%N/A0.6 $0.04
1/31/2024300 shares $0.00 No ChangeN/A0 $0.00

PBMWW 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 15th, investors have sold 44,000 shares of PBMWW short. Learn More on Psyence Biomedical's current short interest.

What is a good short interest ratio for Psyence Biomedical?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. PBMWW shares currently have a short interest ratio of 1.0. Learn More on Psyence Biomedical's short interest ratio.

Is Psyence Biomedical's short interest increasing or decreasing?

Psyence Biomedical saw a drop in short interest in October. As of October 15th, there was short interest totaling 44,000 shares, a drop of 8.7% from the previous total of 48,200 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 Psyence Biomedical's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Psyence Biomedical: Alvotech (0.07%), Pharvaris (0.73%),

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. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short Psyence Biomedical stock?

Short selling PBMWW is an investing strategy that aims to generate trading profit from Psyence Biomedical 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 Psyence Biomedical?

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 PBMWW, 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 PBMWW, twice per month. The most recent reporting period available is October, 15 2024.




This page (NASDAQ:PBMWW) was last updated on 11/2/2024 by MarketBeat.com Staff
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