First Wave BioPharma (FWBI) Short Interest Ratio & Short Volume

Short interest is the volume of First Wave BioPharma shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 40,000 shares of FWBI short. 2.05% of First Wave BioPharma's shares are currently sold short. Learn More on First Wave BioPharma's current short interest.

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. 2.05% of First Wave BioPharma's floating shares are currently sold short.

First Wave BioPharma saw a decline in short interest in April. As of April 15th, there was short interest totaling 40,000 shares, a decline of 27.3% from the previous total of 55,000 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.

First Wave BioPharma currently has issued a total of 2,030,000 shares. Some of First Wave BioPharma'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. First Wave BioPharma currently has a public float of 1,950,000 shares.

2.05% of First Wave BioPharma's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to First Wave BioPharma: Ainos, Inc. (2.84%), Kazia Therapeutics Limited (0.11%), Shuttle Pharmaceuticals Holdings, Inc. (0.77%), Vaccinex, Inc. (2.99%), Enveric Biosciences, Inc. (1.40%), Avenue Therapeutics, Inc. (0.44%), Xenetic Biosciences Inc (0.22%), Hoth Therapeutics, Inc. (3.39%), Cadrenal Therapeutics, Inc. (2.04%), Adial Pharmaceuticals, Inc. (26.72%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling FWBI is an investing strategy that aims to generate trading profit from First Wave BioPharma as its price is falling. FWBI shares are trading down $0.29 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.

A short squeeze for First Wave BioPharma occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FWBI, 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 FWBI, twice per month. The most recent reporting period available is April, 15 2024.