Molecular Templates Short Interest Ratio and Short Volume

+0.16 (+1.85 %)
(As of 05/7/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume228,536 shs
Average Volume443,700 shs
Market Capitalization$494.14 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Molecular Templates (NASDAQ:MTEM) Short Interest Data

Current Short Volume1,700,000 shares
Previous Short Volume1,240,000 shares
Change Vs. Previous Month+37.10%
Dollar Volume Sold Short$14.03 million
Short Interest Ratio / Days to Cover3.4
Last Record DateApril, 15 2021
Outstanding Shares36,770,000 shares
Float Size19,360,000 shares
Short Percent of Float8.78%
Today's Trading Volume228,536 shares
Average Trading Volume443,700 shares
Today's Volume Vs. Average-48.49%

Short Interest Over Time

Molecular Templates (NASDAQ:MTEM) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20211,700,000 shares $14.03 million +37.1%8.8%3.4$8.25
3/31/20211,240,000 shares $14.38 million +11.7%N/A2.7$11.60
3/15/20211,110,000 shares $13.00 million +5.7%N/A3.1$11.71
2/26/20211,050,000 shares $11.57 million -11.8%N/A2.6$11.02
2/12/20211,190,000 shares $16.58 million -2.5%N/A2.9$13.93
1/29/20211,220,000 shares $13.83 million No Change3.4%2.9$11.34
1/15/20211,220,000 shares $13.53 million -11.6%3.4%2.9$11.09
12/31/20201,380,000 shares $13.08 million -21.1%3.8%3.5$9.48
12/15/20201,750,000 shares $17.97 million -14.2%4.8%4.5$10.27
11/30/20202,040,000 shares $18.60 million +7.4%5.6%5.2$9.12
11/15/20201,900,000 shares $19.51 million +2.2%5.2%4.9$10.27
10/30/20201,860,000 shares $17.67 million +14.1%5.1%5.2$9.50
10/15/20201,630,000 shares $19.19 million +13.2%4.5%5.2$11.77
9/30/20201,440,000 shares $15.72 million +48.5%4.0%3.6$10.92
9/15/2020969,500 shares $12.75 million +4.6%2.7%2.2$13.15
8/31/2020927,300 shares $10.77 million -3.9%2.6%2.3$11.61
8/14/2020965,000 shares $11.22 million -38.9%2.8%2.3$11.63
7/31/20201,580,000 shares $17.33 million -3.7%4.6%3.5$10.97
7/15/20201,640,000 shares $20.02 million +2.5%5.5%3.8$12.21
6/30/20201,600,000 shares $22.06 million +40.4%5.3%4.5$13.79
6/15/20201,140,000 shares $17.29 million -5.0%3.8%3.7$15.17
5/29/20201,200,000 shares $18.52 million -8.4%4.0%4$15.43
5/15/20201,310,000 shares $21.03 million -6.4%4.5%4.5$16.05
4/30/20201,400,000 shares $23.70 million -4.8%4.6%5.3$16.93
4/15/20201,470,000 shares $23.28 million -13.5%5.3%5.3$15.84

Molecular Templates (NASDAQ:MTEM) Short Interest FAQ

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What is Molecular Templates' current short interest?

Short interest is the volume of Molecular Templates shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 1,700,000 shares of MTEM short. 8.78% of Molecular Templates' shares are currently sold short. View details.

What is a good short interest ratio for Molecular Templates?

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. Molecular Templates currently has a short interest ratio of 3.0.

What is a good short interest percentage for Molecular Templates?

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. 8.78% of Molecular Templates' floating shares are currently sold short.

Is Molecular Templates' short interest increasing or decreasing?

Molecular Templates saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,700,000 shares, an increase of 37.1% from the previous total of 1,240,000 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.

What is Molecular Templates' float size?

Molecular Templates currently has issued a total of 56,088,000 shares. Some of Molecular Templates' 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. Molecular Templates currently has a public float of 19,360,000 shares.

How does Molecular Templates' short interest compare to its competitors?

8.78% of Molecular Templates' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "biotechnology" compare to Molecular Templates: Amgen Inc. (1.91%), Gilead Sciences, Inc. (2.06%), Vertex Pharmaceuticals Incorporated (0.00%), Regeneron Pharmaceuticals, Inc. (2.69%), Biogen Inc. (2.16%), Alexion Pharmaceuticals, Inc. (4.06%), Seagen Inc. (0.00%), Incyte Co. (0.00%), Exact Sciences Co. (0.00%), and Alnylam Pharmaceuticals, Inc. (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 Molecular Templates stock?

Short selling MTEM is an investing strategy that aims to generate trading profit from Molecular Templates as its price is falling. Molecular Templates' stock is trading up $0.16 today. To short Molecular Templates 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 Molecular Templates 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 Molecular Templates?

A short squeeze for Molecular Templates 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 MTEM, which in turn drives the price of the stock up even further.

How often is Molecular Templates' 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 MTEM, 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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