Editas Medicine Short Interest Ratio and Short Volume

-0.23 (-0.67 %)
(As of 05/7/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume1.30 million shs
Average Volume2.27 million shs
Market Capitalization$2.31 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

Editas Medicine (NASDAQ:EDIT) Short Interest Data

Current Short Volume10,250,000 shares
Previous Short Volume10,210,000 shares
Change Vs. Previous Month+0.39%
Dollar Volume Sold Short$425.68 million
Short Interest Ratio / Days to Cover4.7
Last Record DateApril, 15 2021
Outstanding Shares49,220,000 shares
Percentage of Shares Shorted15.17%
Today's Trading Volume1,300,626 shares
Average Trading Volume2,273,121 shares
Today's Volume Vs. Average-42.78%

Short Interest Over Time

Editas Medicine (NASDAQ:EDIT) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/202110,250,000 shares $425.68 million +0.4%N/A4.7$41.53
3/31/202110,210,000 shares $413.51 million -3.8%N/A4.1$40.50
3/15/202110,610,000 shares $491.03 million -6.2%N/A3.7$46.28
2/26/202111,310,000 shares $506.24 million +14.9%N/A3.5$44.76
2/12/20219,840,000 shares $562.55 million +9.1%N/A3.3$57.17
1/29/20219,020,000 shares $551.39 million -5.1%N/A3.4$61.13
1/15/20219,500,000 shares $721.24 million -3.9%N/A3.9$75.92
12/31/20209,890,000 shares $756.59 million -9.2%N/A4.8$76.50
12/15/202010,890,000 shares $669.63 million -1.5%N/A6.4$61.49
11/30/202011,060,000 shares $346.62 million -1.7%N/A10.2$31.34
11/15/202011,250,000 shares $328.84 million -0.4%N/A12.9$29.23
10/30/202011,290,000 shares $370.26 million -0.1%N/A13.6$32.80
10/15/202011,300,000 shares $363.41 million +7.9%N/A12.7$32.16
9/30/202010,470,000 shares $293.79 million +7.5%N/A11.9$28.06
9/15/20209,740,000 shares $310.71 million +6.2%N/A9.7$31.90
8/31/20209,170,000 shares $323.06 million -0.7%N/A8.5$35.23
8/14/20209,230,000 shares $322.31 million +4.5%N/A8.5$34.92
7/31/20208,830,000 shares $259.25 million -0.5%N/A7.7$29.36
7/15/20208,870,000 shares $289.34 million -5.6%N/A8.2$32.62
6/30/20209,400,000 shares $278.05 million +3.5%N/A9$29.58
6/15/20209,080,000 shares $262.78 million +9.3%N/A9.2$28.94
5/29/20208,310,000 shares $224.95 million +0.7%N/A8.7$27.07
5/15/20208,250,000 shares $216.81 million +2.0%N/A8$26.28
4/30/20208,090,000 shares $187.04 million -1.0%N/A8.2$23.12
4/15/20208,170,000 shares $184.07 million +5.3%N/A8.7$22.53

Editas Medicine (NASDAQ:EDIT) Short Interest FAQ

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What is Editas Medicine's current short interest?

Short interest is the volume of Editas Medicine shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 10,250,000 shares of EDIT short.

What is a good short interest ratio for Editas Medicine?

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. Editas Medicine currently has a short interest ratio of 5.0.

Is Editas Medicine's short interest increasing or decreasing?

Editas Medicine saw a increase in short interest in April. As of April 15th, there was short interest totaling 10,250,000 shares, an increase of 0.4% from the previous total of 10,210,000 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.

How does Editas Medicine's short interest compare to its competitors?

0.00% of Editas Medicine's shares are currently sold short. Here is how the short interest of companies in the industry of "biological products, except diagnostic" compare to Editas Medicine: Neurocrine Biosciences, Inc. (0.00%), CRISPR Therapeutics AG (0.00%), Fate Therapeutics, Inc. (0.00%), Acceleron Pharma Inc. (0.00%), Halozyme Therapeutics, Inc. (5.02%), Denali Therapeutics Inc. (0.00%), Twist Bioscience Co. (0.00%), Vir Biotechnology, Inc. (13.91%), Kodiak Sciences Inc. (0.00%), and Adaptive Biotechnologies Co. (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. ($5.85 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 Editas Medicine stock?

Short selling EDIT is an investing strategy that aims to generate trading profit from Editas Medicine as its price is falling. Editas Medicine's stock is trading down $0.23 today. To short Editas Medicine 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 Editas Medicine 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 Editas Medicine?

A short squeeze for Editas Medicine 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 EDIT, which in turn drives the price of the stock up even further.

How often is Editas Medicine'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 EDIT, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/9/2021 by Staff
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