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Collective Mining (CNLMF) Short Interest Ratio & Short Volume

Collective Mining Short Interest Data

Collective Mining (CNLMF) has a short interest of 247,200 shares. This marks a -2.06% decrease in short interest from the previous month. The short interest ratio (days to cover) is 25.2, indicating that it would take 25.2 days of the average trading volume of 5,201 shares to cover all short positions.

Current Short Interest
247,200 shares
Previous Short Interest
252,400 shares
Change Vs. Previous Month
-2.06%
Dollar Volume Sold Short
$706,992.00
Short Interest Ratio
25.2 Days to Cover
Last Record Date
July 15, 2024
Today's Trading Volume
1,100 shares
Average Trading Volume
5,201 shares
Today's Volume Vs. Average
21%
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CNLMF Short Interest Over Time

CNLMF Days to Cover Over Time

CNLMF Percentage of Float Shorted Over Time

Collective Mining Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
7/15/2024247,200 shares $706,992.00 -2.1%N/A25.2 $2.86
6/30/2024252,400 shares $583,044.00 +3.4%N/A19.4 $2.31
6/15/2024244,200 shares $632,478.00 -2.0%N/A30.5 $2.59
5/31/2024249,100 shares $759,755.00 +0.3%N/A36.1 $3.05
5/15/2024248,400 shares $745,200.00 +3.2%N/A42.1 $3.00
4/30/2024240,600 shares $733,805.94 +4.7%N/A17.4 $3.05
4/15/2024229,900 shares $779,361.00 +4.4%N/A13.4 $3.39
3/31/2024220,200 shares $640,782.00 +0.9%N/A47.9 $2.91
3/15/2024218,300 shares $663,632.00 +9.0%N/A17.6 $3.04
2/29/2024200,200 shares $562,562.00 -0.5%N/A28.6 $2.81
2/15/2024201,200 shares $573,420.00 -12.5%N/A77.4 $2.85
1/15/2024229,500 shares $709,155.00 +0.7%N/A120.8 $3.09
12/31/2023227,900 shares $731,559.00 +8.2%N/A44.5 $3.21
12/15/2023210,700 shares $642,635.00 +2.7%N/A70.2 $3.05
11/30/2023205,100 shares $669,446.40 -17.9%N/A22.3 $3.26
11/15/2023249,800 shares $691,946.00 +0.6%N/A58.1 $2.77
10/31/2023248,300 shares $851,669.00 +6.3%N/A95.5 $3.43
10/15/2023233,600 shares $861,984.00 +5.9%N/A73 $3.69
9/30/2023220,500 shares $766,458.00 -2.0%N/A28.3 $3.48
9/15/2023225,100 shares $949,922.00 -3.7%N/A57.7 $4.22
8/31/2023233,800 shares $1.03 million +21.8%N/A371.7 $4.42
8/15/2023191,900 shares $852,036.00 +8.5%N/A159.9 $4.44
7/31/2023176,800 shares $795,600.00 +4.3%N/A196.4 $4.50
7/15/2023169,600 shares $771,680.00 +0.3%N/A35.3 $4.55
6/30/2023169,100 shares $740,641.09 +7.0%N/A281.8 $4.38
6/15/2023158,100 shares $708,604.20 +3.3%N/A58.6 $4.48
5/31/2023153,100 shares $653,966.65 +7.6%N/A9.3 $4.27
5/15/2023142,300 shares $681,617.00 +33.6%N/A12.8 $4.79
4/30/2023106,500 shares $0.00 +6.0%N/A34.4 $0.00

CNLMF Short Interest - Frequently Asked Questions

What is Collective Mining's current short interest?

Short interest is the volume of Collective Mining shares that have been sold short but have not yet been closed out or covered. As of July 15th, traders have sold 247,200 shares of CNLMF short. Learn More on Collective Mining's current short interest.

What is a good short interest ratio for Collective Mining?

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. CNLMF shares currently have a short interest ratio of 25.0. Learn More on Collective Mining's short interest ratio.

Is Collective Mining's short interest increasing or decreasing?

Collective Mining saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 247,200 shares, a decrease of 2.1% from the previous total of 252,400 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.

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. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.

What does it mean to sell short Collective Mining stock?

Short selling CNLMF is an investing strategy that aims to generate trading profit from Collective Mining 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 Collective Mining?

A short squeeze for Collective Mining 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 CNLMF, which in turn drives the price of the stock up even further.

How often is Collective Mining'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 CNLMF, twice per month. The most recent reporting period available is July, 15 2024.




This page (OTCMKTS:CNLMF) was last updated on 11/22/2024 by MarketBeat.com Staff
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