INSYS Therapeutics (INSY) Short Interest Ratio & Short Volume

Short interest is the volume of INSYS Therapeutics shares that have been sold short but have not yet been covered or closed out. As of May 31st, investors have sold 10,386,000 shares of INSY short. 38.64% of INSYS Therapeutics' shares are currently sold short. Learn More on INSYS Therapeutics' 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. INSY shares currently have a short interest ratio of 6.0. Learn More on INSYS Therapeutics's short interest ratio.

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. 38.64% of INSYS Therapeutics' floating shares are currently sold short.

INSYS Therapeutics saw a decline in short interest in the month of May. As of May 31st, there was short interest totaling 10,386,000 shares, a decline of 8.5% from the previous total of 11,347,100 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.

INSYS Therapeutics currently has issued a total of 74,570,000 shares. Some of INSYS Therapeutics' 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. INSYS Therapeutics currently has a public float of 26,880,000 shares.

38.64% of INSYS Therapeutics' shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to INSYS Therapeutics: TherapeuticsMD, Inc. (0.41%), Flora Growth Corp. (7.33%), Benitec Biopharma Inc. (0.50%), RenovoRx, Inc. (0.45%), Oncternal Therapeutics, Inc. (0.52%), Onconova Therapeutics, Inc. (0.12%), Synlogic, Inc. (0.53%), Lisata Therapeutics, Inc. (0.24%), Cumberland Pharmaceuticals Inc. (0.22%), CytoMed Therapeutics Limited (0.99%),

As of the most recent reporting period, the following stocks had the largest short interest positions: American Airlines Group Inc. ($737.95 million), AAON, Inc. ($206.74 million), Luxoft Holding Inc ($119.37 million), KEYW Holding Corp. ($85.94 million), Applied Optoelectronics, Inc. ($76.08 million), Quantenna Communications Inc ($40.16 million), INSYS Therapeutics, Inc. ($8.10 million), Ares Acquisition Co. ($4.03 million), and FTD Companies, Inc. ($2.51 million). View all of the most shorted stocks.

Short selling INSY is an investing strategy that aims to generate trading profit from INSYS Therapeutics 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 INSYS Therapeutics 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 INSY, 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 INSY, twice per month. The most recent reporting period available is May, 31 2019.