Ayala Pharmaceuticals Short Interest Ratio and Short Volume

Short interest is the volume of Ayala Pharmaceuticals shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 102,600 shares of AYLA short. 3.47% of Ayala Pharmaceuticals' shares are currently sold short. View details.

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. Ayala Pharmaceuticals currently has a short interest ratio of 3.0.

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. 3.47% of Ayala Pharmaceuticals' floating shares are currently sold short.

Ayala Pharmaceuticals saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 102,600 shares, a decrease of 4.6% from the previous total of 107,600 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.

Ayala Pharmaceuticals currently has issued a total of 13,170,000 shares. Some of Ayala Pharmaceuticals' 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. Ayala Pharmaceuticals currently has a public float of 2,960,000 shares.

3.47% of Ayala Pharmaceuticals' shares are currently sold short. Here is how the short interest of companies in the industry of "biological products, except diagnostic" compare to Ayala Pharmaceuticals: Oyster Point Pharma, Inc. (10.36%), Solid Biosciences Inc. (0.00%), Precision BioSciences, Inc. (13.46%), Aptose Biosciences Inc. (5.86%), AVROBIO, Inc. (0.00%), Freeline Therapeutics Holdings plc (0.09%), Opthea Limited (0.00%), Gritstone Oncology, Inc. (8.79%), Jounce Therapeutics, Inc. (4.54%), and Lineage Cell Therapeutics, Inc. (0.00%).

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.

Short selling AYLA is an investing strategy that aims to generate trading profit from Ayala Pharmaceuticals as its price is falling. Ayala Pharmaceuticals' stock is trading up $0.05 today. To short Ayala Pharmaceuticals 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 Ayala Pharmaceuticals 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 Ayala Pharmaceuticals 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 AYLA, 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 AYLA, twice per month. The most recent reporting period available is March, 31 2021.