NASDAQ:ADVM

Adverum Biotechnologies Short Interest Ratio and Short Volume

$9.56
+0.34 (+3.69 %)
(As of 04/22/2021 12:00 AM ET)
Add
Compare
Today's Range
$8.98
Now: $9.56
$9.77
50-Day Range
$8.86
MA: $10.06
$11.33
52-Week Range
$8.58
Now: $9.56
$26.98
Volume944,504 shs
Average Volume830,542 shs
Market Capitalization$936.18 million
P/E RatioN/A
Dividend YieldN/A
Beta1.72

Short Interest

Adverum Biotechnologies (NASDAQ:ADVM) Short Interest Data

Current Short Volume11,360,000 shares
Previous Short Volume10,220,000 shares
Change Vs. Previous Month+11.15%
Dollar Volume Sold Short$103.04 million
Short Interest Ratio / Days to Cover14.0
Last Record DateMarch, 31 2021
Outstanding Shares63,780,000 shares
Percentage of Shares Shorted11.60%
Today's Trading Volume944,504 shares
Average Trading Volume830,542 shares
Today's Volume Vs. Average13.72%

Short Interest Over Time


Adverum Biotechnologies (NASDAQ:ADVM) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/202111,360,000 shares $103.04 million +11.2%N/A14 $9.07
3/15/202110,220,000 shares $101.59 million +1.7%N/A11.3 $9.94
2/26/202110,050,000 shares $110.55 million +6.2%N/A10.5 $11.00
2/12/20219,460,000 shares $121.37 million -3.6%N/A10.2 $12.83
1/29/20219,810,000 shares $135.08 million -4.3%N/A9.9 $13.77
1/15/202110,250,000 shares $125.77 million -0.2%N/A10.1 $12.27
12/31/202011,810,000 shares $143.96 million -4.4%N/A11.9 $12.19
12/15/202011,810,000 shares $136.76 million -4.4%N/A11.9 $11.58
11/30/202012,350,000 shares $152.40 million -5.2%N/A12 $12.34
11/15/202013,020,000 shares $176.94 million -7.1%N/A12.5 $13.59
10/30/202014,010,000 shares $176.67 million +10.1%N/A10.9 $12.61
10/15/202012,730,000 shares $155.31 million +2.7%N/A9.9 $12.20
9/30/202012,400,000 shares $145.20 million +17.7%N/A9.3 $11.71
9/15/202010,540,000 shares $113.94 million +16.6%N/A7.5 $10.81
8/31/20209,040,000 shares $107.03 million -27.9%N/A6.6 $11.84
8/14/202012,530,000 shares $149.73 million +5.7%N/A9.4 $11.95
7/31/202011,850,000 shares $160.45 million +4.0%N/A10.8 $13.54
7/15/202011,390,000 shares $191.01 million +4.2%N/A8.7 $16.77
6/30/202010,930,000 shares $188.11 million -10.3%N/A8.3 $17.21
6/15/202012,190,000 shares $255.14 million +3.0%N/A9.7 $20.93
5/29/202011,840,000 shares $283.09 million +4.0%N/A8.4 $23.91
5/15/202011,380,000 shares $234.77 million +2.9%N/A7.7 $20.63
4/30/202011,060,000 shares $232.81 million -14.5%N/A6.2 $21.05
4/15/202012,940,000 shares $256.21 million +8.8%N/A8.3 $19.80
3/31/202011,890,000 shares $154.09 million +13.7%N/A7.6 $12.96

Adverum Biotechnologies (NASDAQ:ADVM) Short Interest FAQ

speech bubbles
speech bubbles











What is Adverum Biotechnologies' current short interest?

Short interest is the volume of Adverum Biotechnologies shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 11,360,000 shares of ADVM short.

What is a good short interest ratio for Adverum Biotechnologies?

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. Adverum Biotechnologies currently has a short interest ratio of 14.0.

Is Adverum Biotechnologies' short interest increasing or decreasing?

Adverum Biotechnologies saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 11,360,000 shares, an increase of 11.2% from the previous total of 10,220,000 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.

How does Adverum Biotechnologies' short interest compare to its competitors?

0.00% of Adverum Biotechnologies' shares are currently sold short. Here is how the short interest of companies in the industry of "biological products, except diagnostic" compare to Adverum Biotechnologies: SpringWorks Therapeutics, Inc. (10.59%), NanoString Technologies, Inc. (0.00%), Relay Therapeutics, Inc. (18.24%), Revolution Medicines, Inc. (11.37%), Bavarian Nordic A/S (0.00%), Vericel Co. (0.00%), Editas Medicine, Inc. (0.00%), Rubius Therapeutics, Inc. (17.90%), Sorrento Therapeutics, Inc. (0.00%), and BioCryst Pharmaceuticals, Inc. (0.00%).

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. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Adverum Biotechnologies stock?

Short selling ADVM is an investing strategy that aims to generate trading profit from Adverum Biotechnologies as its price is falling. Adverum Biotechnologies' stock is trading up $0.34 today. To short Adverum Biotechnologies 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 Adverum Biotechnologies 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 Adverum Biotechnologies?

A short squeeze for Adverum Biotechnologies 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 ADVM, which in turn drives the price of the stock up even further.

How often is Adverum Biotechnologies' 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 ADVM, twice per month. The most recent reporting period available is March, 31 2021.



This page was last updated on 4/23/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.