NASDAQ:BNR

Burning Rock Biotech Short Interest Ratio and Short Volume

$29.56
-1.04 (-3.40 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$28.28
Now: $29.56
$30.50
50-Day Range
$23.50
MA: $29.44
$37.05
52-Week Range
$18.64
Now: $29.56
$39.75
Volume126,061 shs
Average Volume381,110 shs
Market Capitalization$3.09 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

Short Interest

Burning Rock Biotech (NASDAQ:BNR) Short Interest Data

Current Short Volume978,500 shares
Previous Short Volume935,200 shares
Change Vs. Previous Month:+4.63%
Dollar Volume Sold Short$28.14 million
Short Interest Ratio / Days to Cover2.4
Last Record DateMarch, 31 2021
Outstanding Shares104,548,000 shares
Float Size86,700,000 shares
Short Percent of Float1.13%
Today's Trading Volume126,061 shares
Average Trading Volume381,110 shares
Today's Volume Vs. Average-66.92%

Short Interest Over Time


Burning Rock Biotech (NASDAQ:BNR) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2021978,500 shares $28.14 million +4.6%1.1%2.4 $28.76
3/15/2021935,200 shares $23.82 million +131.7%N/A2.5 $25.47
2/26/2021403,600 shares $13.01 million +8.5%N/A1.2 $32.24
2/12/2021371,900 shares $13.38 million +0.6%0.4%1.2 $35.99
1/29/2021369,700 shares $12.54 million -5.2%0.4%1.4 $33.93
1/15/2021389,800 shares $11.53 million No Change0.5%1.7 $29.57

Burning Rock Biotech (NASDAQ:BNR) Short Interest FAQ

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What is Burning Rock Biotech's current short interest?

Short interest is the volume of Burning Rock Biotech shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 978,500 shares of BNR short. 1.13% of Burning Rock Biotech's shares are currently sold short. View details.

What is a good short interest ratio for Burning Rock Biotech?

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. Burning Rock Biotech currently has a short interest ratio of 2.0.

What is a good short interest percentage for Burning Rock Biotech?

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. 1.13% of Burning Rock Biotech's floating shares are currently sold short.

Is Burning Rock Biotech's short interest increasing or decreasing?

Burning Rock Biotech saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 978,500 shares, an increase of 4.6% from the previous total of 935,200 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.

What is Burning Rock Biotech's float size?

Burning Rock Biotech currently has issued a total of 104,548,000 shares. Some of Burning Rock Biotech'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. Burning Rock Biotech currently has a public float of 86,700,000 shares.

How does Burning Rock Biotech's short interest compare to its competitors?

1.13% of Burning Rock Biotech's shares are currently sold short. Here is how the short interest of companies in the industry of "medical laboratories" compare to Burning Rock Biotech: Natera, Inc. (0.00%), Invitae Co. (0.00%), CareDx, Inc (0.00%), Veracyte, Inc. (0.00%), Fulgent Genetics, Inc. (34.55%), Genetron Holdings Limited (0.55%), Castle Biosciences, Inc. (15.48%), DermTech, Inc. (0.00%), RadNet, Inc. (1.92%), and Personalis, 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 Burning Rock Biotech stock?

Short selling BNR is an investing strategy that aims to generate trading profit from Burning Rock Biotech as its price is falling. Burning Rock Biotech's stock is trading down $1.04 today. To short Burning Rock Biotech 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 Burning Rock Biotech 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 Burning Rock Biotech?

A short squeeze for Burning Rock Biotech 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 BNR, which in turn drives the price of the stock up even further.

How often is Burning Rock Biotech's 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 BNR, twice per month. The most recent reporting period available is March, 31 2021.



This page was last updated on 4/18/2021 by MarketBeat.com Staff
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