GW Pharmaceuticals (GWPH) Short Interest Ratio & Short Volume

Short interest is the volume of GW Pharmaceuticals shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 693,700 shares of GWPH short. Learn More on GW Pharmaceuticals' current short interest.

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. GWPH shares currently have a short interest ratio of 1.0. Learn More on GW Pharmaceuticals's short interest ratio.

GW Pharmaceuticals saw a increase in short interest in April. As of April 15th, there was short interest totaling 693,700 shares, an increase of 5.2% from the previous total of 659,600 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.

Here is how the short interest of companies in the sector of "medical" compare to GW Pharmaceuticals: Cytokinetics, Incorporated (13.91%), Jazz Pharmaceuticals plc (6.14%), Elanco Animal Health Incorporated (3.14%), Viking Therapeutics, Inc. (10.12%), Intra-Cellular Therapies, Inc. (3.71%), Cerevel Therapeutics Holdings, Inc. (9.10%), Ionis Pharmaceuticals, Inc. (7.12%), Apellis Pharmaceuticals, Inc. (8.85%), Blueprint Medicines Co. (6.94%), Ascendis Pharma A/S (6.18%),

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), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), Nuance Communications, Inc. ($2.18 billion), and Palo Alto Networks, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling GWPH is an investing strategy that aims to generate trading profit from GW Pharmaceuticals as its price is falling. 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 GW Pharmaceuticals 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 GWPH, 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 GWPH, twice per month. The most recent reporting period available is April, 15 2021.