Acer Therapeutics (ACER) Short Interest Ratio & Short Volume

Short interest is the volume of Acer Therapeutics shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 524,900 shares of ACER short. 13.78% of Acer Therapeutics' shares are currently sold short. Learn More on Acer Therapeutics' current short interest.

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. 13.78% of Acer Therapeutics' floating shares are currently sold short.

Acer Therapeutics saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 524,900 shares, an increase of 6.3% from the previous total of 493,600 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.

Acer Therapeutics currently has issued a total of 24,460,000 shares. Some of Acer Therapeutics' 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. Acer Therapeutics currently has a public float of 3,810,000 shares.

13.78% of Acer Therapeutics' shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Acer Therapeutics: Context Therapeutics Inc. (0.29%), Grifols, S.A. (2.57%), LAVA Therapeutics (1.37%), Mainz Biomed (2.30%), NLS Pharmaceutics Ltd. (0.34%), Pharvaris (0.87%), Tiziana Life Sciences Ltd (0.25%), American Oncology Network, Inc. (0.83%), Concord Medical Services Holdings Limited (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($9.07 billion), T-Mobile US, Inc. ($3.71 billion), Charter Communications, Inc. ($3.51 billion), Occidental Petroleum Co. ($2.81 billion), Lululemon Athletica Inc. ($2.35 billion), Tractor Supply ($2.26 billion), Coinbase Global, Inc. ($1.88 billion), Rivian Automotive, Inc. ($1.71 billion), Celsius Holdings, Inc. ($1.67 billion), and Newmont Co. ($1.66 billion). View all of the most shorted stocks.

Short selling ACER is an investing strategy that aims to generate trading profit from Acer Therapeutics as its price is falling. ACER shares are trading down $0.14 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 Acer Therapeutics 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 ACER, 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 ACER, twice per month. The most recent reporting period available is October, 31 2023.