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Mind Medicine (MindMed) (MMEDF) Short Interest Ratio & Short Volume

Mind Medicine (MindMed) logo
$7.02 -0.21 (-2.91%)
(As of 12/19/2024 ET)

Mind Medicine (MindMed) Short Interest Data

Mind Medicine (MindMed) (MMEDF) has a short interest of 747,300 shares. This marks a -0.13% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.4, indicating that it would take 0.4 days of the average trading volume of 3.38 million shares to cover all short positions.

Current Short Interest
747,300 shares
Previous Short Interest
748,300 shares
Change Vs. Previous Month
-0.13%
Dollar Volume Sold Short
$1.82 million
Short Interest Ratio
0.4 Days to Cover
Last Record Date
April 15, 2021
Today's Trading Volume
1,325,719 shares
Average Trading Volume
3,376,665 shares
Today's Volume Vs. Average
39%
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MMEDF Short Interest Over Time

MMEDF Days to Cover Over Time

MMEDF Percentage of Float Shorted Over Time

Mind Medicine (MindMed) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021747,300 shares $1.82 million -0.1%N/A0.4 $2.43
3/31/2021748,300 shares $1.71 million -5.7%N/A0.3 $2.28
3/15/2021793,600 shares $2.22 million +5.9%N/A0.2 $2.80
2/26/2021749,100 shares $2.83 million -17.6%N/A0.1 $3.78
2/12/2021908,700 shares $3.53 million -4.0%N/A0.2 $3.88
1/29/2021946,200 shares $2.93 million -57.0%N/A0.1 $3.10
1/15/20213,662,000 shares $11.44 million +66.7%N/A0.3 $3.13
12/31/20204,666,100 shares $14.60 million +27.4%N/A0.4 $3.13
12/15/20203,662,000 shares $16.00 million +66.7%N/A0.3 $4.37
11/30/20202,197,400 shares $3.76 million +256.6%N/A0.2 $1.71
11/15/2020616,300 shares $562,065.60 +5.5%N/A0.2 $0.91
10/30/2020584,100 shares $461,380.59 +181.9%N/A0.1 $0.79
10/15/2020207,200 shares $171,976.00 No ChangeN/A0 $0.83
9/15/2020166,400 shares $56,642.56 +19.8%N/A0.2 $0.34
8/31/2020138,900 shares $50,837.40 +125.9%N/A0.1 $0.37
8/14/202061,500 shares $23,849.70 -60.0%N/A0.1 $0.39
7/31/2020153,600 shares $48,952.32 -14.1%N/A0.2 $0.32
7/15/2020178,700 shares $58,631.47 +72.3%N/A0.1 $0.33
6/30/2020103,700 shares $38,576.40 -6.8%N/A0.1 $0.37
6/15/2020111,300 shares $35,148.54 -66.6%N/A0 $0.32
5/29/2020332,900 shares $132,227.88 +23.3%N/A0.2 $0.40
5/15/2020269,900 shares $119,727.64 +818.0%N/A0.2 $0.44
4/30/202029,400 shares $13,071.24 -86.0%N/A0 $0.44
4/15/2020209,700 shares $82,118.52 +3,454.2%N/A0.2 $0.39
3/31/20205,900 shares $3,304.00 -11.9%N/A0 $0.56
3/13/20206,700 shares $2,680.00 No ChangeN/A0 $0.40

MMEDF Short Interest - Frequently Asked Questions

What is Mind Medicine (MindMed)'s current short interest?

Short interest is the volume of Mind Medicine (MindMed) shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 747,300 shares of MMEDF short. Learn More on Mind Medicine (MindMed)'s current short interest.

Is Mind Medicine (MindMed)'s short interest increasing or decreasing?

Mind Medicine (MindMed) saw a drop in short interest in April. As of April 15th, there was short interest totaling 747,300 shares, a drop of 0.1% from the previous total of 748,300 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 Mind Medicine (MindMed)'s short interest compare to its competitors?

Here is how the short interest of companies in the industry of "pharmaceutical products" compare to Mind Medicine (MindMed): Alvotech (0.08%), Basilea Pharmaceutica AG (0.24%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.57 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), Nuance Communications, Inc. ($2.18 billion), and Palo Alto Networks, Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short Mind Medicine (MindMed) stock?

Short selling MMEDF is an investing strategy that aims to generate trading profit from Mind Medicine (MindMed) as its price is falling. MMEDF shares are trading down $0.21 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 Mind Medicine (MindMed)?

A short squeeze for Mind Medicine (MindMed) 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 MMEDF, which in turn drives the price of the stock up even further.

How often is Mind Medicine (MindMed)'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 MMEDF, twice per month. The most recent reporting period available is April, 15 2021.




This page (OTCMKTS:MMEDF) was last updated on 12/21/2024 by MarketBeat.com Staff
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