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New CBOE “special perk” helps traders target income every weekend (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
How major US stock indexes fared Friday, 12/1/2023
US joins in other nations in swearing off coal power to clean the climate
New CBOE “special perk” helps traders target income every weekend (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
How major US stock indexes fared Friday, 12/1/2023
US joins in other nations in swearing off coal power to clean the climate
New CBOE “special perk” helps traders target income every weekend (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
New CBOE “special perk” helps traders target income every weekend (Ad)
How major US stock indexes fared Friday, 12/1/2023
US joins in other nations in swearing off coal power to clean the climate
New CBOE “special perk” helps traders target income every weekend (Ad)
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"

89bio (ETNB) Short Interest Ratio & Short Volume

$8.40
+0.36 (+4.48%)
(As of 12/1/2023 ET)
Compare
Today's Range
$7.74
$8.42
50-Day Range
$6.66
$16.03
52-Week Range
$6.57
$22.93
Volume
1.11 million shs
Average Volume
1.13 million shs
Market Capitalization
$635.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$32.89

89bio Short Interest Data

Current Short Volume
6,040,000 shares
Previous Short Volume
5,430,000 shares
Change Vs. Previous Month
+11.23%
Dollar Volume Sold Short
$45.96 million
Short Interest Ratio / Days to Cover
3.9
Last Record Date
November 15, 2023
Outstanding Shares
75,640,000 shares
Percentage of Shares Shorted
7.99%
Today's Trading Volume
1,109,910 shares
Average Trading Volume
1,131,184 shares
Today's Volume Vs. Average
98%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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ETNB Short Interest Over Time

ETNB Days to Cover Over Time

ETNB Percentage of Float Shorted Over Time


89bio Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/15/20236,040,000 shares $45.96 million +11.2%N/A3.9 $7.61
10/31/20235,430,000 shares $40.18 million -19.1%N/A3.7 $7.40
10/15/20236,710,000 shares $51.13 million +6.0%N/A4.7 $7.62
9/30/20236,330,000 shares $97.74 million +7.5%N/A5.6 $15.44
9/15/20235,890,000 shares $102.25 million -6.4%N/A5.7 $17.36
8/31/20236,290,000 shares $107.81 million -28.4%N/A5.3 $17.14
8/15/20238,780,000 shares $147.07 million +9.5%N/A6.9 $16.75
7/31/20238,020,000 shares $127.04 million -11.2%N/A6 $15.84
7/15/20239,030,000 shares $164.80 million -5.0%N/A6.7 $18.25
6/30/20239,500,000 shares $180.03 million +36.5%N/A6.6 $18.95
6/15/20236,960,000 shares $144.00 million -2.3%N/A4 $20.69
5/31/20237,120,000 shares $129.80 million -1.4%N/A3.2 $18.23
5/15/20237,220,000 shares $129.02 million -4.4%N/A3.3 $17.87
4/30/20237,550,000 shares $120.65 million -1.2%N/A3.4 $15.98
4/15/20237,640,000 shares $118.57 million -5.1%N/A3.5 $15.52
3/31/20238,050,000 shares $122.60 million +44.0%N/A3.9 $15.23
3/15/20235,590,000 shares $71.50 million +8.5%N/A2.9 $12.79
2/28/20235,150,000 shares $70.14 million +10.8%N/A4.8 $13.62
2/15/20234,650,000 shares $60.45 million No ChangeN/A4.5 $13.00
1/31/20234,650,000 shares $54.31 million +8.6%N/A4.8 $11.68
1/15/20234,280,000 shares $44.94 million -3.4%N/A4.8 $10.50
12/30/20224,430,000 shares $56.39 million -7.1%N/A4.9 $12.73
12/15/20224,770,000 shares $49.37 million +30.3%N/A5.3 $10.35
11/30/20223,660,000 shares $29.28 million No ChangeN/A2.7 $8.00
11/15/20223,660,000 shares $35.83 million -0.3%N/A2.8 $9.79
10/31/20223,670,000 shares $35.05 million -3.2%N/A2.8 $9.55
10/15/20223,790,000 shares $29.07 million +28.0%N/A3 $7.67
9/30/20222,960,000 shares $17.14 million -6.0%N/A2.6 $5.79
9/15/20223,150,000 shares $18.43 million +55.2%N/A2.7 $5.85
8/31/20222,030,000 shares $9.05 million +1.0%N/A4.2 $4.46
8/15/20222,010,000 shares $9.53 million +34.9%N/A4.1 $4.74
7/31/20221,490,000 shares $5.29 million -2.6%N/A3.3 $3.55
7/15/20221,530,000 shares $5.31 million +75.0%N/A3.7 $3.47
6/30/2022874,500 shares $2.82 million -15.9%N/A2.2 $3.22
6/15/20221,040,000 shares $3.28 million -7.1%7.3%3.8 $3.15
5/31/20221,120,000 shares $3.37 million +16.1%7.8%4.6 $3.01
5/15/2022964,800 shares $2.55 million +20.1%6.8%5 $2.64
4/30/2022803,200 shares $1.74 million +17.1%5.6%4.1 $2.17
4/15/2022686,200 shares $2.02 million +5.5%4.8%3.4 $2.95
3/31/2022650,300 shares $2.45 million -9.5%4.6%3.6 $3.77













ETNB Short Interest - Frequently Asked Questions

What is 89bio's current short interest?

Short interest is the volume of 89bio shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 6,040,000 shares of ETNB short. Learn More on 89bio's current short interest.

What is a good short interest ratio for 89bio?

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. ETNB shares currently have a short interest ratio of 4.0. Learn More on 89bio's short interest ratio.

Which institutional investors are shorting 89bio?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of 89bio: Walleye Trading LLC, Wolverine Trading LLC, Group One Trading L.P., Cutler Group LLC CA, Simplex Trading LLC, Belvedere Trading LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is 89bio's short interest increasing or decreasing?

89bio saw a increase in short interest in November. As of November 15th, there was short interest totaling 6,040,000 shares, an increase of 11.2% from the previous total of 5,430,000 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 89bio's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to 89bio: Vera Therapeutics, Inc. (17.80%), Centessa Pharmaceuticals plc (2.63%), Calliditas Therapeutics AB (publ) (0.03%), PureTech Health plc (0.00%), Cogent Biosciences, Inc. (9.21%), Evolus, Inc. (14.80%), Revance Therapeutics, Inc. (16.66%), Avidity Biosciences, Inc. (14.67%), Dyne Therapeutics, Inc. (17.02%), Theravance Biopharma, Inc. (19.68%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short 89bio stock?

Short selling ETNB is an investing strategy that aims to generate trading profit from 89bio as its price is falling. ETNB shares are trading up $0.36 today. 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.

How does a short squeeze work against 89bio?

A short squeeze for 89bio 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 ETNB, which in turn drives the price of the stock up even further.

How often is 89bio'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 ETNB, twice per month. The most recent reporting period available is November, 15 2023.



More Short Interest Resources from MarketBeat

This page (NASDAQ:ETNB) was last updated on 12/2/2023 by MarketBeat.com Staff

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