Adial Pharmaceuticals, Inc. WT EXP 073123 (ADILW) Short Interest Ratio & Short Volume

Short interest is the volume of Adial Pharmaceuticals, Inc. WT EXP 073123 shares that have been sold short but have not yet been covered or closed out. As of July 15th, traders have sold 500 shares of ADILW short. Learn More on Adial Pharmaceuticals, Inc. WT EXP 073123's current short interest.

Adial Pharmaceuticals, Inc. WT EXP 073123 saw a decrease in short interest in July. As of July 15th, there was short interest totaling 500 shares, a decrease of 44.4% from the previous total of 900 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 sector of "manufacturing" compare to Adial Pharmaceuticals, Inc. WT EXP 073123: First Trust Brazil AlphaDEX Fund (1.36%), Global X Health & Wellness ETF (0.03%), Western Asset Short Duration Income ETF (6.64%), First Trust Eurozone AlphaDEX ETF (0.03%), First Trust Nasdaq Pharmaceuticals ETF (0.13%), VictoryShares Nasdaq Next 50 ETF (0.16%), First Trust Dorsey Wright Momentum & Value ETF (0.52%), Global X Thematic Growth ETF (0.06%), Global X Cannabis ETF (0.28%), First Trust Dow Jones International Internet ETF (0.25%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($3.75 billion), Charter Communications, Inc. ($3.17 billion), Occidental Petroleum Co. ($2.86 billion), Rivian Automotive, Inc. ($2.29 billion), T. Rowe Price Group, Inc. ($2.13 billion), Royal Caribbean Cruises Ltd. ($2.05 billion), Palantir Technologies Inc. ($2.04 billion), Extra Space Storage Inc. ($1.98 billion), Enphase Energy, Inc. ($1.66 billion), and Tractor Supply ($1.61 billion). View all of the most shorted stocks.

Short selling ADILW is an investing strategy that aims to generate trading profit from Adial Pharmaceuticals, Inc. WT EXP 073123 as its price is falling. ADILW shares are trading down $0.00 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 Adial Pharmaceuticals, Inc. WT EXP 073123 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 ADILW, 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 ADILW, twice per month. The most recent reporting period available is July, 15 2023.