ReNeuron Group (RNUGF) Short Interest Ratio & Short Volume

Short interest is the volume of ReNeuron Group shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 900 shares of RNUGF short. Learn More on ReNeuron Group's current short interest.

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. RNUGF shares currently have a short interest ratio of 9.0. Learn More on ReNeuron Group's short interest ratio.

Here is how the short interest of companies in the sector of "medical" compare to ReNeuron Group: BZAM Ltd. (0.00%), PreveCeutical Medical Inc. (0.00%), Biophytis S.A. (2.62%), Innovative Eyewear, Inc. (0.49%), Avalon GloboCare Corp. (1.02%), United American Healthcare Co. (0.00%), Agile Therapeutics, Inc. (12.68%), Quoin Pharmaceuticals, Ltd. (0.26%), Aravive, Inc. (1.81%), Mustang Bio, Inc. (0.91%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling RNUGF is an investing strategy that aims to generate trading profit from ReNeuron Group as its price is falling. RNUGF 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.

A short squeeze for ReNeuron Group 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 RNUGF, 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 RNUGF, twice per month. The most recent reporting period available is April, 30 2024.