Charlie's (CHUC) Short Interest Ratio & Short Volume

Short interest is the volume of Charlie's shares that have been sold short but have not yet been closed out or covered. As of May 31st, traders have sold 31,100 shares of CHUC short. Learn More on Charlie's' current short interest.

Charlie's saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 31,100 shares, an increase of 3,010.0% from the previous total of 1,000 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.

Here is how the short interest of companies in the industry of "medicinals & botanicals" compare to Charlie's: MariMed Inc. (0.01%), Bright Green Co. (4.29%), Natural Alternatives International, Inc. (0.09%), Mannatech, Incorporated (0.07%), Upexi, Inc. (0.44%), Paranovus Entertainment Technology Ltd. (3.32%), IM Cannabis Corp. (1.86%), Glucose Health, Inc. (0.01%), Hero Technologies Inc. (0.00%), Pervasip Corp. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.43 billion), Charter Communications, Inc. ($3.54 billion), Occidental Petroleum Co. ($3.11 billion), Moderna, Inc. ($2.88 billion), General Motors ($2.62 billion), Royal Caribbean Cruises Ltd. ($2.34 billion), Coinbase Global, Inc. ($2.25 billion), Tractor Supply ($2.12 billion), Dell Technologies Inc. ($1.89 billion), and Enphase Energy, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling CHUC is an investing strategy that aims to generate trading profit from Charlie's as its price is falling. CHUC shares are trading down $0.01 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.

A short squeeze for Charlie's 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 CHUC, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CHUC, twice per month. The most recent reporting period available is May, 31 2024.