Biocept (BIOC) Short Interest Ratio & Short Volume

Short interest is the volume of Biocept shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 15,000 shares of BIOC short. 0.57% of Biocept's shares are currently sold short. Learn More on Biocept's current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Biocept: Concourse Financial Group Securities Inc.. 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. 0.57% of Biocept's floating shares are currently sold short.

Biocept saw a decline in short interest during the month of October. As of October 15th, there was short interest totaling 15,000 shares, a decline of 49.5% from the previous total of 29,700 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.

Biocept currently has issued a total of 2,630,000 shares. Some of Biocept's 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. Biocept currently has a public float of 2,620,000 shares.

0.57% of Biocept's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Biocept: SeqLL Inc. (10.87%), Baudax Bio, Inc. (1.11%), Biodexa Pharmaceuticals Plc (5.18%), 180 Life Sciences Corp. (8.36%), Virax Biolabs Group Limited (0.17%), SciSparc Ltd. (24.15%), Bone Biologics Co. (3.07%), Neptune Wellness Solutions Inc (0.54%), TC Biopharm (Holdings) Plc (30.07%), Akanda Corp. (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.82 billion), T-Mobile US, Inc. ($3.69 billion), Occidental Petroleum Co. ($2.90 billion), TC Energy Co. ($2.74 billion), Tractor Supply ($2.28 billion), Rivian Automotive, Inc. ($1.92 billion), Moderna, Inc. ($1.77 billion), Celsius Holdings, Inc. ($1.72 billion), Coinbase Global, Inc. ($1.66 billion), and Royal Caribbean Cruises Ltd. ($1.65 billion). View all of the most shorted stocks.

Short selling BIOC is an investing strategy that aims to generate trading profit from Biocept as its price is falling. 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 Biocept 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 BIOC, 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 BIOC, twice per month. The most recent reporting period available is October, 15 2023.