Cortexyme Short Interest Ratio and Short Volume

+0.08 (+0.22 %)
(As of 05/6/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume152,157 shs
Average Volume284,493 shs
Market Capitalization$1.09 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

Cortexyme (NASDAQ:CRTX) Short Interest Data

Current Short Volume3,660,000 shares
Previous Short Volume3,900,000 shares
Change Vs. Previous Month-6.15%
Dollar Volume Sold Short$133.22 million
Short Interest Ratio / Days to Cover11.2
Last Record DateApril, 15 2021
Outstanding Shares26,840,000 shares
Float Size13,900,000 shares
Short Percent of Float26.33%
Today's Trading Volume152,157 shares
Average Trading Volume284,493 shares
Today's Volume Vs. Average-46.52%

Short Interest Over Time

Cortexyme (NASDAQ:CRTX) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20213,660,000 shares $133.22 million -6.2%26.3%11.2$36.40
3/31/20213,900,000 shares $132.29 million +21.1%28.1%12.4$33.92
3/15/20213,220,000 shares $127.74 million -1.2%21.0%10.3$39.67
2/26/20213,260,000 shares $107.16 million +19.9%21.2%9.4$32.87
2/12/20212,720,000 shares $126.45 million -2.5%17.7%8.5$46.49
1/29/20212,790,000 shares $108.48 million -1.1%19.0%10.3$38.88
1/15/20212,820,000 shares $89.99 million -2.8%23.4%11.9$31.91
12/31/20202,900,000 shares $83.03 million +36.8%24.1%13.9$28.63
12/15/20202,120,000 shares $63.79 million +5.5%17.6%11.1$30.09
11/30/20202,010,000 shares $99.33 million +1.0%16.7%13.7$49.42
11/15/20201,990,000 shares $95.96 million +26.8%16.5%18.1$48.22
10/30/20201,570,000 shares $78.74 million -0.6%13.1%15.9$50.15
10/15/20201,580,000 shares $77.28 million -5.4%13.1%17.7$48.91
9/30/20201,670,000 shares $83.50 million +7.1%13.9%17.9$50.00
9/15/20201,560,000 shares $81.68 million +10.6%13.0%14.6$52.36
8/31/20201,410,000 shares $62.00 million +1.4%11.7%14.4$43.97
8/14/20201,390,000 shares $61.94 million -4.1%11.6%10.6$44.56
7/31/20201,450,000 shares $65.42 million -6.5%12.1%9.9 $45.12
7/15/20201,550,000 shares $70.01 million -7.7%13.0%10.3$45.17
6/30/20201,680,000 shares $75.60 million +11.3%14.1%10.9$45.00
6/15/20201,510,000 shares $70.94 million -13.2%12.6%10.1$46.98
5/29/20201,740,000 shares $80.20 million -11.7%14.5%11.2$46.09
5/15/20201,970,000 shares $108.37 million -4.4%16.9%14.6$55.01
4/30/20202,060,000 shares $94.84 million +21.2%17.4%15.9$46.04
4/15/20201,700,000 shares $70.13 million +4.3%14.4%12.2$41.25

Cortexyme (NASDAQ:CRTX) Short Interest FAQ

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What is Cortexyme's current short interest?

Short interest is the volume of Cortexyme shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 3,660,000 shares of CRTX short. 26.33% of Cortexyme's shares are currently sold short. View details.

What is a good short interest ratio for Cortexyme?

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. Cortexyme currently has a short interest ratio of 11.0.

What is a good short interest percentage for Cortexyme?

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. 26.33% of Cortexyme's floating shares are currently sold short.

Is Cortexyme's short interest increasing or decreasing?

Cortexyme saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 3,660,000 shares, a drop of 6.2% from the previous total of 3,900,000 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.

What is Cortexyme's float size?

Cortexyme currently has issued a total of 29,588,000 shares. Some of Cortexyme'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. Cortexyme currently has a public float of 13,900,000 shares.

How does Cortexyme's short interest compare to its competitors?

26.33% of Cortexyme's shares are currently sold short. Here is how the short interest of companies in the industry of "biological products, except diagnostic" compare to Cortexyme: Allogene Therapeutics, Inc. (11.89%), SpringWorks Therapeutics, Inc. (11.19%), NanoString Technologies, Inc. (0.00%), Bavarian Nordic A/S (0.00%), Relay Therapeutics, Inc. (16.77%), Vericel Co. (0.00%), Editas Medicine, Inc. (0.00%), BioCryst Pharmaceuticals, Inc. (0.00%), Revolution Medicines, Inc. (12.30%), and Rubius Therapeutics, Inc. (11.20%).

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. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Cortexyme stock?

Short selling CRTX is an investing strategy that aims to generate trading profit from Cortexyme as its price is falling. Cortexyme's stock is trading up $0.08 today. To short Cortexyme 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 Cortexyme 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 Cortexyme?

A short squeeze for Cortexyme 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 CRTX, which in turn drives the price of the stock up even further.

How often is Cortexyme'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 CRTX, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/6/2021 by Staff
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