Assembly Biosciences (ASMB) Short Interest Ratio & Short Volume

Short interest is the volume of Assembly Biosciences shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 42,600 shares of ASMB short. 1.17% of Assembly Biosciences' shares are currently sold short. Learn More on Assembly Biosciences' 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. ASMB shares currently have a short interest ratio of 1.0. Learn More on Assembly Biosciences's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Assembly Biosciences: Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.17% of Assembly Biosciences' floating shares are currently sold short.

Assembly Biosciences saw a drop in short interest in March. As of March 31st, there was short interest totaling 42,600 shares, a drop of 29.2% from the previous total of 60,200 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.

Assembly Biosciences currently has issued a total of 5,480,000 shares. Some of Assembly Biosciences' 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. Assembly Biosciences currently has a public float of 3,650,000 shares.

1.17% of Assembly Biosciences' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Assembly Biosciences: Cumberland Pharmaceuticals Inc. (0.21%), Omeros Co. (23.90%), Nektar Therapeutics (1.32%), Cue Biopharma, Inc. (8.63%), vTv Therapeutics Inc. (6.11%), Carisma Therapeutics, Inc. (8.17%), Journey Medical Co. (2.48%), Corvus Pharmaceuticals, Inc. (3.79%), YS Biopharma Co., Ltd. (0.54%), Anebulo Pharmaceuticals, Inc. (0.20%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling ASMB is an investing strategy that aims to generate trading profit from Assembly Biosciences as its price is falling. ASMB shares are trading up $0.21 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 Assembly Biosciences 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 ASMB, 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 ASMB, twice per month. The most recent reporting period available is March, 31 2024.