Free Trial

Psychemedics (PMD) Short Interest Ratio & Short Volume

Psychemedics logo
$2.67 -0.05 (-1.84%)
(As of 12/12/2024)

Psychemedics Short Interest Data

Psychemedics (PMD) has a short interest of 38,600 shares, representing 1.25% of the float (the number of shares available for trading by the public). This marks a -3.26% decrease in short interest from the previous month. The short interest ratio (days to cover) is 1.2, indicating that it would take 1.2 days of the average trading volume of 21,197 shares to cover all short positions.

Current Short Interest
38,600 shares
Previous Short Interest
39,900 shares
Change Vs. Previous Month
-3.26%
Dollar Volume Sold Short
$89,938.00
Short Interest Ratio
1.2 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
5,890,000 shares
Float Size
3,100,000 shares
Short Percent of Float
1.25%
Today's Trading Volume
113,600 shares
Average Trading Volume
21,197 shares
Today's Volume Vs. Average
536%
Short Selling Psychemedics?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for Psychemedics and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

PMD Short Interest Over Time

PMD Days to Cover Over Time

PMD Percentage of Float Shorted Over Time

Psychemedics Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/202438,600 shares $89,938.00 -3.3%1.3%1.2 $2.33
11/15/202439,900 shares $93,366.00 +187.1%0.9%1.5 $2.34
10/31/202413,900 shares $32,387.00 -43.3%0.3%0.4 $2.33
10/15/202424,500 shares $56,595.00 +11.9%0.6%0.7 $2.31
9/30/202421,900 shares $50,589.00 -35.2%0.5%0.6 $2.31
9/15/202433,800 shares $78,585.00 +61.7%0.8%1 $2.33
8/31/202420,900 shares $48,072.09 -30.6%0.5%0.8 $2.30
8/15/202430,100 shares $68,026.00 +254.1%0.7%1.4 $2.26
7/31/20248,500 shares $19,377.45 +4.9%0.2%1.5 $2.28
7/15/20248,100 shares $18,792.00 -25.0%0.2%1.7 $2.32
6/30/202410,800 shares $26,136.00 +74.2%0.2%2.1 $2.42
6/15/20246,200 shares $13,950.00 -34.0%0.1%1.2 $2.25
5/31/20249,400 shares $22,560.00 +4.4%0.2%1.3 $2.40
5/15/20249,000 shares $23,130.90 -43.0%0.2%1.1 $2.57
4/30/202415,800 shares $41,396.00 -6.5%0.4%1.9 $2.62
4/15/202416,900 shares $44,783.31 +6.3%0.4%1.9 $2.65
3/31/202415,900 shares $46,587.00 +7.4%0.4%1.3 $2.93
3/15/202414,800 shares $43,808.00 +27.6%0.4%1.1 $2.96
2/29/202411,600 shares $36,656.00 -0.9%0.3%0.9 $3.16
2/15/202411,700 shares $36,504.00 -10.7%0.3%0.9 $3.12
1/31/202413,100 shares $41,920.00 -29.6%0.3%0.9 $3.20
1/15/202418,600 shares $63,984.00 +87.9%0.4%1.3 $3.44
12/31/20239,900 shares $29,304.00 -36.5%0.2%0.6 $2.96
12/15/202315,600 shares $46,488.00 +31.1%0.3%1 $2.98
11/30/202311,900 shares $30,464.00 +1.7%0.3%0.8 $2.56
11/15/202311,700 shares $25,155.00 -34.3%0.3%0.8 $2.15
10/31/202317,800 shares $43,610.00 -25.8%0.4%1 $2.45
10/15/202324,000 shares $64,080.00 +25.7%0.5%1.3 $2.67
9/30/202319,100 shares $75,827.00 -32.3%0.4%1 $3.97
9/15/202328,200 shares $109,698.00 +1.4%0.6%1.7 $3.89
8/31/202327,800 shares $118,428.00 +102.9%0.6%1.7 $4.26
8/15/202313,700 shares $63,979.00 +15.1%0.3%0.8 $4.67
7/31/202311,900 shares $59,024.00 +41.7%0.3%0.9 $4.96
7/15/20238,400 shares $41,244.00 -27.6%0.2%0.7 $4.91
6/30/202311,600 shares $52,896.00 +2.7%0.3%1.2 $4.56
6/15/202311,300 shares $52,545.00 -8.1%0.3%1.2 $4.65
5/31/202312,300 shares $58,302.00 +5.1%0.3%1.4 $4.74
5/15/202311,700 shares $56,979.00 +24.5%0.3%1.7 $4.87
4/30/20239,400 shares $51,136.00 -19.7%0.2%1.5 $5.44
4/15/202311,700 shares $61,659.00 -4.1%0.3%2.1 $5.27
Why I'm telling friends to avoid gold stocks (Ad)

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.
3/31/202312,200 shares $64,050.00 -19.2%0.3%2.3 $5.25
3/15/202315,100 shares $89,241.00 +17.1%0.4%2.7 $5.91
2/28/202312,900 shares $72,627.00 +2.4%0.3%2.3 $5.63
2/15/202312,600 shares $69,426.00 +15.6%0.3%2.3 $5.51
1/31/202310,900 shares $61,040.00 -2.7%0.3%1.8 $5.60
1/15/202311,200 shares $58,240.00 -1.8%0.3%1.8 $5.20
12/30/202211,400 shares $55,913.58 +2.7%0.3%1.8 $4.90
12/15/202211,100 shares $54,501.00 -9.0%0.3%1.6 $4.91
11/30/202212,200 shares $69,540.00 +47.0%0.3%2 $5.70
11/15/20228,300 shares $51,128.00 -3.5%0.2%1.3 $6.16
10/31/20228,600 shares $55,642.00 -6.5%0.2%1.5 $6.47
10/15/20229,200 shares $57,684.00 -7.1%0.2%1.6 $6.27
9/30/20229,900 shares $63,855.00 -25.6%0.2%1.7 $6.45
9/15/202213,300 shares $87,780.00 +41.5%0.3%2 $6.60
8/31/20229,400 shares $62,228.00 -31.4%0.2%1.5 $6.62
8/15/202213,700 shares $88,913.00 +39.8%0.3%2.1 $6.49
7/31/20229,800 shares $61,936.00 +2.1%0.2%1.5 $6.32
7/15/20229,600 shares $60,288.00 +5.5%0.2%1.2 $6.28
6/30/20229,100 shares $57,694.00 -42.0%0.2%0.9 $6.34
6/15/202215,700 shares $100,480.00 -24.2%0.4%1.3 $6.40
5/31/202220,700 shares $130,824.00 +117.9%0.5%1.4 $6.32
5/15/20229,500 shares $61,180.00 -45.4%0.2%0.6 $6.44
4/30/202217,400 shares $108,054.00 +77.6%0.4%1.1 $6.21
4/15/20229,800 shares $63,210.00 -3.9%0.2%0.5 $6.45
3/31/202210,200 shares $70,380.00 -29.2%0.2%0.6 $6.90
3/15/202214,400 shares $95,184.00 +3.6%0.3%0.9 $6.61
2/28/202213,900 shares $95,076.00 -29.4%0.3%0.8 $6.84
2/15/202219,700 shares $142,628.00 -1.5%0.5%1.1 $7.24
1/31/202220,000 shares $143,000.00 +41.8%0.5%1.1 $7.15
1/15/202214,100 shares $101,097.00 -7.2%0.3%0.8 $7.17
12/31/202115,200 shares $106,704.00 -6.2%0.3%1 $7.02
12/15/202116,200 shares $117,288.00 -12.4%0.4%1 $7.24
11/30/202118,500 shares $145,040.00 -1.1%0.4%1 $7.84
11/15/202118,700 shares $163,438.00 -30.5%0.4%0.9 $8.74
10/29/202126,900 shares $223,539.00 -17.7%0.6%1.1 $8.31
10/15/202132,700 shares $273,372.00 -18.5%0.7%1.3 $8.36
9/30/202140,100 shares $336,840.00 +78.2%0.9%1.5 $8.40
9/15/202122,500 shares $176,625.00 -12.1%0.5%0.9 $7.85
8/31/202125,600 shares $209,664.00 +39.1%0.6%1 $8.19
8/13/202118,400 shares $123,878.00 -32.1%0.4%0.8 $6.73
7/30/202127,100 shares $198,101.00 +13.9%0.6%1.4 $7.31
7/15/202123,800 shares $162,554.00 -10.9%0.5%1.3 $6.83
6/30/202126,700 shares $185,832.00 +13.1%0.6%1.5 $6.96
6/15/202123,600 shares $181,956.00 +0.4%0.5%1.1 $7.71
5/28/202123,500 shares $155,100.00 -6.0%0.5%1.2 $6.60
5/14/202125,000 shares $163,750.00 +14.2%0.6%1.2 $6.55
4/30/202121,900 shares $147,825.00 -28.4%0.5%0.9 $6.75
4/15/202130,600 shares $211,140.00 +1.7%0.7%0.8 $6.90
3/31/202130,100 shares $189,780.50 +4.5%0.7%0.7 $6.31
3/15/202128,800 shares $205,920.00 +29.2%0.6%0.6 $7.15
Why I'm telling friends to avoid gold stocks (Ad)

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.
2/26/202122,300 shares $157,884.00 +25.3%0.5%0.4 $7.08
2/12/202117,800 shares $129,584.00 +45.9%0.4%0.3 $7.28
1/29/202112,200 shares $88,328.00 +7.0%0.3%0.2 $7.24
1/15/202111,400 shares $58,140.00 No Change0.3%0.2 $5.10
1/31/20206,800 shares $64,600.00 -41.4%0.1%0.3 $9.50
1/15/20206,800 shares $69,088.00 -41.4%0.1%0.3 $10.16
12/31/201911,600 shares $106,140.00 +41.5%0.2%0.6 $9.15

PMD Short Interest - Frequently Asked Questions

What is Psychemedics' current short interest?

Short interest is the volume of Psychemedics shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 38,600 shares of PMD short. 1.25% of Psychemedics' shares are currently sold short. Learn More on Psychemedics' current short interest.

What is a good short interest ratio for Psychemedics?

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. PMD shares currently have a short interest ratio of 1.0. Learn More on Psychemedics's short interest ratio.

What is a good short interest percentage for Psychemedics?

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. 1.25% of Psychemedics' floating shares are currently sold short.

Is Psychemedics' short interest increasing or decreasing?

Psychemedics saw a drop in short interest in November. As of November 30th, there was short interest totaling 38,600 shares, a drop of 3.3% from the previous total of 39,900 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 Psychemedics' float size?

Psychemedics currently has issued a total of 5,890,000 shares. Some of Psychemedics' 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. Psychemedics currently has a public float of 3,100,000 shares.

How does Psychemedics' short interest compare to its competitors?

1.25% of Psychemedics' shares are currently sold short. Here is how the short interest of companies in the industry of "healthcare" compare to Psychemedics: Enzo Biochem, Inc. (1.16%), Concord Medical Services Holdings Limited (0.16%), The Oncology Institute, Inc. (3.37%), BioRestorative Therapies, Inc. (1.32%), OpGen, Inc. (0.19%), Kindly MD, Inc. (10.74%), Ontrak, Inc. (1.26%), Mangoceuticals, Inc. (9.13%), Vsee Health, Inc. (5.75%), Agape ATP Co. (5.12%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Psychemedics stock?

Short selling PMD is an investing strategy that aims to generate trading profit from Psychemedics as its price is falling. PMD shares are trading down $0.05 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 Psychemedics?

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

How often is Psychemedics' 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 PMD, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:PMD) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners