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Praxis Precision Medicines (PRAX) Short Interest Ratio & Short Volume

Praxis Precision Medicines logo
$70.54 +0.29 (+0.41%)
As of 01/17/2025 04:00 PM Eastern

Praxis Precision Medicines Short Interest Data

Praxis Precision Medicines (PRAX) has a short interest of 1.90 million shares, representing 10.98% of the float (the number of shares available for trading by the public). This marks a 24.18% increase in short interest from the previous month. The short interest ratio (days to cover) is 5.8, indicating that it would take 5.8 days of the average trading volume of 331,044 shares to cover all short positions.

Current Short Interest
1,900,000 shares
Previous Short Interest
1,530,000 shares
Change Vs. Previous Month
+24.18%
Dollar Volume Sold Short
$146.22 million
Short Interest Ratio
5.8 Days to Cover
Last Record Date
December 31, 2024
Outstanding Shares
18,640,000 shares
Float Size
17,300,000 shares
Short Percent of Float
10.98%
Today's Trading Volume
293,837 shares
Average Trading Volume
331,044 shares
Today's Volume Vs. Average
89%
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PRAX Short Interest Over Time

PRAX Days to Cover Over Time

PRAX Percentage of Float Shorted Over Time

Praxis Precision Medicines Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
12/31/20241,900,000 shares $146.22 million +24.2%11.0%5.8 $76.96
12/15/20241,530,000 shares $107.38 million +4.1%8.8%4.6 $70.18
11/30/20241,470,000 shares $117.85 million -3.9%8.5%5 $80.17
11/15/20241,530,000 shares $109.79 million -11.1%8.9%4.9 $71.76
10/31/20241,720,000 shares $120.38 million No Change10.0%6.2 $69.99
10/15/20241,720,000 shares $123.93 million -4.4%10.5%6.7 $72.05
9/30/20241,800,000 shares $103.57 million -5.3%11.0%6.8 $57.54
9/15/20241,900,000 shares $113.77 million -2.1%11.6%5.9 $59.88
8/31/20241,940,000 shares $103.11 million +4.3%11.8%5.5 $53.15
8/15/20241,860,000 shares $101.37 million -1.6%11.4%5.2 $54.50
7/31/20241,890,000 shares $109.07 million +18.9%12.4%5.1 $57.71
7/15/20241,590,000 shares $81.06 million +12.8%10.4%4.3 $50.98
6/30/20241,410,000 shares $58.32 million +63.0%9.2%4 $41.36
6/15/2024865,300 shares $33.72 million +23.2%5.7%2.6 $38.97
5/31/2024702,200 shares $33.33 million -16.9%4.6%2.5 $47.46
5/15/2024844,900 shares $37.18 million +2.5%5.5%3.4 $44.00
4/30/2024824,400 shares $45.23 million +7.9%5.1%4 $54.87
4/15/2024763,900 shares $40.78 million +77.1%4.7%3.8 $53.39
3/31/2024431,400 shares $26.32 million +5.4%2.7%2 $61.02
3/15/2024409,400 shares $22.57 million -1.3%3.3%2.4 $55.14
2/29/2024414,800 shares $19.40 million +18.9%3.3%2.8 $46.78
2/15/2024348,900 shares $14.42 million -38.1%4.3%2.5 $41.34
1/31/2024564,000 shares $24.61 million +15.9%7.1%4.5 $43.63
1/15/2024486,700 shares $21.11 million +31.2%6.1%4.4 $43.37
12/31/2023371,000 shares $8.27 million +57.5%4.8%5.1 $22.28
12/15/2023235,500 shares $3.64 million +18.5%3.0%4.3 $15.46
11/30/2023198,700 shares $3.62 million -94.3%2.6%4.1 $18.20
11/15/20233,460,000 shares $3.36 million +25.4%N/A4.7 $0.97
10/31/20232,760,000 shares $2.84 million -11.0%N/A2.8 $1.03
10/15/20233,100,000 shares $4.22 million -1.6%N/A3.1 $1.36
9/30/20233,150,000 shares $5.39 million +27.0%N/A3.2 $1.71
9/15/20232,480,000 shares $3.45 million -8.8%N/A2.3 $1.39
8/31/20232,720,000 shares $4.00 million +10.6%N/A2.3 $1.47
8/15/20232,460,000 shares $2.76 million -16.6%N/A2.1 $1.12
7/31/20232,950,000 shares $2.92 million +13.0%N/A3 $0.99
7/15/20232,610,000 shares $3.00 million -12.1%N/A2.6 $1.15
6/30/20232,970,000 shares $3.42 million -35.2%N/A2.9 $1.15
6/15/20234,580,000 shares $4.14 million +3.9%N/A4.4 $0.91
5/31/20234,410,000 shares $3.79 million -14.0%N/A4.6 $0.86
5/15/20235,130,000 shares $5.54 million +2.4%N/A3.2 $1.08
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4/30/20235,010,000 shares $5.21 million -3.3%N/A3.2 $1.04
4/15/20235,180,000 shares $5.18 million -13.2%12.5%3 $1.00
3/31/20235,970,000 shares $4.83 million +34.2%14.4%3 $0.81
3/15/20234,450,000 shares $5.07 million +37.8%10.7%2.3 $1.14
2/28/20233,230,000 shares $9.90 million +2.2%7.4%1.9 $3.07
2/15/20233,160,000 shares $11.69 million +17.9%7.3%3.2 $3.70
1/31/20232,680,000 shares $13.35 million +25.2%6.9%2.8 $4.98
1/15/20232,140,000 shares $7.62 million +0.5%5.5%2.5 $3.56
12/30/20222,130,000 shares $5.07 million +11.5%5.5%4.6 $2.38
12/15/20221,910,000 shares $4.68 million +3.8%4.9%4.3 $2.45
11/30/20221,840,000 shares $4.07 million -1.1%4.8%2.9 $2.21
11/15/20221,860,000 shares $3.98 million -11.4%4.8%2.7 $2.14
10/31/20222,100,000 shares $4.14 million +1.9%5.6%2.8 $1.97
10/15/20222,060,000 shares $3.44 million +0.5%5.5%2.7 $1.67
9/30/20222,050,000 shares $4.65 million -39.7%5.5%2.6 $2.27
9/15/20223,400,000 shares $9.72 million +5.9%9.1%3.4 $2.86
8/31/20223,210,000 shares $10.02 million +7.0%8.6%2.8 $3.12
8/15/20223,000,000 shares $13.98 million -18.3%8.1%1.7 $4.66
7/31/20223,670,000 shares $12.96 million -1.6%9.9%2 $3.53
7/15/20223,730,000 shares $13.35 million +3.6%10.1%2.1 $3.58
6/30/20223,600,000 shares $8.82 million +25.0%9.7%2.2 $2.45
6/15/20222,880,000 shares $5.56 million -29.8%7.8%1.9 $1.93
5/31/20224,100,000 shares $34.03 million +7.9%11.1%3.7 $8.30
5/15/20223,800,000 shares $39.33 million +6.7%10.3%12.5 $10.35
4/30/20223,560,000 shares $28.84 million +11.6%9.6%14.6 $8.10
4/15/20223,190,000 shares $27.56 million +2.9%8.6%14.2 $8.64
3/31/20223,100,000 shares $31.65 million -3.1%8.4%14.7 $10.21
3/15/20223,200,000 shares $33.76 million +17.2%8.7%15.3 $10.55
2/28/20222,730,000 shares $35.76 million +14.2%7.4%11 $13.10
2/15/20222,390,000 shares $32.38 million +18.9%6.6%8.9 $13.55
1/31/20222,010,000 shares $29.87 million +10.4%5.4%7.4 $14.86
1/15/20221,820,000 shares $31.90 million No Change4.9%7 $17.53
12/31/20211,820,000 shares $35.85 million +21.3%4.9%7.4 $19.70
12/15/20211,500,000 shares $27.81 million +1.4%4.0%6 $18.54
11/30/20211,480,000 shares $25.32 million -3.9%4.0%6.1 $17.11
11/15/20211,540,000 shares $29.75 million +5.5%4.1%6.9 $19.32
10/29/20211,460,000 shares $30.37 million +2.8%4.0%6.1 $20.80
10/15/20211,420,000 shares $28.41 million -12.4%3.9%6.1 $20.01
9/30/20211,620,000 shares $29.95 million +19.1%4.5%6.9 $18.49
9/15/20211,360,000 shares $26.81 million +12.4%3.8%4.9 $19.71
8/31/20211,210,000 shares $24.04 million -6.2%3.4%4.1 $19.87
8/13/20211,290,000 shares $17.80 million -9.2%3.9%4.1 $13.80
7/30/20211,420,000 shares $22.15 million +10.1%4.5%3.4 $15.60
7/15/20211,290,000 shares $22.20 million +2.4%4.1%3 $17.21
6/30/20211,260,000 shares $23.03 million -13.7%4.4%2.8 $18.28
6/15/20211,460,000 shares $29.46 million +13.2%5.0%3.6 $20.18
5/28/20211,290,000 shares $25.27 million -19.4%4.5%3.4 $19.59
5/14/20211,600,000 shares $30.03 million -13.5%5.5%4.8 $18.77
4/30/20211,850,000 shares $59.61 million -18.1%7.2%10.2 $32.22
4/15/20212,260,000 shares $57.18 million +11.9%9.4%14 $25.30
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3/31/20212,020,000 shares $59.27 million +129.1%8.4%14.3 $29.34
3/15/2021881,700 shares $39.06 million +9.4%3.7%4.2 $44.30
2/26/2021805,900 shares $36.57 million -9.7%3.4%3.9 $45.38
2/12/2021892,700 shares $46.78 million -35.3%5.5%4.1 $52.40
1/29/20211,380,000 shares $71.61 million -22.0%5.7%5.2 $51.89
1/15/20211,770,000 shares $105.88 million No Change7.4%6.4 $59.82

PRAX Short Interest - Frequently Asked Questions

What is Praxis Precision Medicines' current short interest?

Short interest is the volume of Praxis Precision Medicines shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 1,900,000 shares of PRAX short. 10.98% of Praxis Precision Medicines' shares are currently sold short. Learn More on Praxis Precision Medicines' current short interest.

What is a good short interest ratio for Praxis Precision Medicines?

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. PRAX shares currently have a short interest ratio of 6.0. Learn More on Praxis Precision Medicines's short interest ratio.

Which institutional investors are shorting Praxis Precision Medicines?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Praxis Precision Medicines: Jane Street Group LLC, Sphera Funds Management LTD., and Ikarian Capital LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Praxis Precision Medicines?

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. 10.98% of Praxis Precision Medicines' floating shares are currently sold short.

Is Praxis Precision Medicines' short interest increasing or decreasing?

Praxis Precision Medicines saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,900,000 shares, an increase of 24.2% from the previous total of 1,530,000 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 Praxis Precision Medicines' float size?

Praxis Precision Medicines currently has issued a total of 18,640,000 shares. Some of Praxis Precision Medicines' 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. Praxis Precision Medicines currently has a public float of 17,300,000 shares.

How does Praxis Precision Medicines' short interest compare to its competitors?

10.98% of Praxis Precision Medicines' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Praxis Precision Medicines: Axsome Therapeutics, Inc. (13.66%), Viking Therapeutics, Inc. (17.47%), TG Therapeutics, Inc. (18.50%), Krystal Biotech, Inc. (11.72%), Organon & Co. (7.14%), Scholar Rock Holding Co. (16.41%), Alvotech (0.40%), Ultragenyx Pharmaceutical Inc. (4.35%), ADMA Biologics, Inc. (5.76%), Biohaven Ltd. (9.61%),

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. ($5.83 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.

What does it mean to sell short Praxis Precision Medicines stock?

Short selling PRAX is an investing strategy that aims to generate trading profit from Praxis Precision Medicines as its price is falling. PRAX shares are trading up $0.29 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 Praxis Precision Medicines?

A short squeeze for Praxis Precision Medicines 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 PRAX, which in turn drives the price of the stock up even further.

How often is Praxis Precision Medicines' 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 PRAX, twice per month. The most recent reporting period available is December, 31 2024.




This page (NASDAQ:PRAX) was last updated on 1/20/2025 by MarketBeat.com Staff
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