This company has been marked as potentially delisted and may not be actively trading. Novan (NOVN) Short Interest Ratio & Short Volume Add Compare Share Share Short Interest Stock AnalysisBuy This Stock Novan Short Interest DataNovan (NOVN) has a short interest of 383,100 shares. This marks a -17.26% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.4, indicating that it would take 0.4 days of the average trading volume of 602,421 shares to cover all short positions.Current Short Interest383,100 sharesPrevious Short Interest463,000 sharesChange Vs. Previous Month-17.26%Dollar Volume Sold Short$234.07 thousandShort Interest Ratio0.4 Days to CoverLast Record DateJuly 15, 2023Outstanding Shares28,015,000 sharesPercentage of Shares Shorted1.37%Today's Trading Volume7,190,000 sharesAverage Trading Volume602,421 sharesToday's Volume Vs. Average1,194% Short Selling Novan? 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Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartNOVN Short Interest Over TimeNOVN Days to Cover Over TimeNOVN Percentage of Float Shorted Over Time Novan Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 7/15/2023383,100 shares $234.07 thousand -17.3%N/A0.4 $0.61 6/30/2023463,000 shares $199.09 thousand +1.9%N/A1.5 $0.43 6/15/2023454,300 shares $350.72 thousand +4.6%N/A1.7 $0.77 5/31/2023434,200 shares $590.51 thousand -11.2%N/A2.7 $1.36 5/15/2023488,700 shares $566.89 thousand +4.5%N/A4.1 $1.16 4/30/2023467,900 shares $580.20 thousand -9.0%N/A3.9 $1.24 4/15/2023513,900 shares $632.10 thousand -29.2%N/A4 $1.23 3/31/2023725,500 shares $943.15 thousand -5.0%N/A4.6 $1.30 3/15/2023763,900 shares $886.12 thousand +65.5%N/A3.9 $1.16 2/28/2023461,600 shares $655.47 thousand +16.5%N/A2.2 $1.42 Get the Latest News and Ratings for NOVN and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Novan and its competitors with MarketBeat's FREE daily newsletter. 2/15/2023396,300 shares $582.56 thousand -5.5%N/A1.7 $1.47 1/31/2023419,300 shares $708.62 thousand -5.5%N/A1.5 $1.69 1/15/2023443,700 shares $572.37 thousand -15.0%N/A1.6 $1.29 12/30/2022521,900 shares $761.97 thousand +8.8%N/A1.9 $1.46 12/15/2022479,600 shares $623.48 thousand -3.4%N/A2.1 $1.30 11/30/2022496,400 shares $471.58 thousand +7.1%N/A2.3 $0.95 11/15/2022463,600 shares $389.56 thousand -16.9%N/A2.6 $0.84 10/31/2022557,900 shares $691.80 thousand +3.7%N/A3.3 $1.24 10/15/2022538,100 shares $624.20 thousand -8.2%N/A3.2 $1.16 9/30/2022585,900 shares $1.10 million -7.4%N/A3 $1.87 9/15/2022632,600 shares $1.49 million +11.0%N/A3.7 $2.36 8/31/2022569,800 shares $1.45 million -0.5%N/A3.4 $2.54 8/15/2022572,700 shares $1.72 million -4.4%N/A3.4 $3.01 7/31/2022598,900 shares $1.74 million +14.6%N/A4.1 $2.91 7/15/2022522,700 shares $1.26 million -1.3%N/A3.4 $2.42 6/30/2022529,500 shares $1.23 million +17.1%N/A4.7 $2.33 6/15/2022452,200 shares $1.06 million +9.8%N/A3.7 $2.34 5/31/2022412,000 shares $1.06 million -17.7%N/A3.3 $2.58 5/15/2022500,300 shares $1.20 million +4.4%N/A4 $2.39 4/30/2022479,100 shares $1.41 million +91.7%N/A3.7 $2.95 4/15/2022249,900 shares $802.18 thousand +4.9%N/A1.7 $3.21 3/31/2022238,300 shares $938.90 thousand +11.0%N/A1.6 $3.94 3/15/2022214,600 shares $667.41 thousand -14.5%N/A1.3 $3.11 2/28/2022251,000 shares $916.15 thousand -20.4%N/A1.4 $3.65 2/15/2022315,400 shares $1.32 million +45.6%N/A1.6 $4.17 1/31/2022216,700 shares $795.29 thousand -9.2%N/A0.9 $3.67 1/15/2022238,600 shares $904.29 thousand +7.4%N/A0.9 $3.79 12/31/2021222,200 shares $926.57 thousand -9.9%N/A0.9 $4.17 12/15/2021246,700 shares $1.11 million -14.9%N/A0.9 $4.50 11/30/2021289,900 shares $1.46 million -8.3%N/A0.9 $5.04Trump wipes out trillions overnight… (Ad)Is there anybody more powerful than Donald Trump right now? In a single tariff announcement, he wiped out nearly $5 trillion in wealth from the S&P 500 and $6.4 trillion from the Dow Jones… Not to mention the countless trillions of dollars lost in every market around the world… leaving the major political powers scrambling in fear of Trump’s next move.Whether you take some of that wealth for yourself depends on if you watch this controversial exposé 11/15/2021316,100 shares $2.03 million -19.5%N/A1 $6.41 10/29/2021392,800 shares $2.62 million +8.4%N/A0.9 $6.67 10/15/2021362,500 shares $2.73 million -21.7%N/A0.7 $7.54 9/30/2021463,000 shares $3.77 million -8.8%N/A0.8 $8.14 9/15/2021507,800 shares $4.36 million +6.2%N/A0.8 $8.59 8/31/2021478,200 shares $4.59 million -26.5%N/A0.1 $9.59 8/13/2021650,500 shares $5.38 million -25.0%N/A0.2 $8.27 7/30/2021867,400 shares $6.84 million -27.7%6.0%0.2 $7.88 7/15/20211,200,000 shares $10.28 million +33.2%8.3%0.3 $8.57 6/30/2021900,700 shares $9.06 million -25.6%6.2%0.2 $10.06 6/15/20211,210,000 shares $18.49 million +294.8%8.4%0.3 $15.28 5/28/2021306,500 shares $2.39 million -87.5%2.1%0.5 $7.81 5/14/20212,460,000 shares $2.80 million -0.4%N/A3.9 $1.14 4/30/20212,470,000 shares $3.29 million -13.3%N/A0.3 $1.33 4/15/20212,850,000 shares $3.45 million -16.7%N/A0.3 $1.21 3/31/20213,420,000 shares $5.47 million -16.0%N/A0.2 $1.60 3/15/20214,070,000 shares $6.88 million -23.5%N/A0.2 $1.69 2/26/20215,320,000 shares $8.51 million -15.3%N/A0.2 $1.60 2/12/20216,280,000 shares $13.50 million +7.5%N/A0.3 $2.15 1/29/20215,840,000 shares $7.30 million -0.9%N/A0.3 $1.25 1/15/20215,890,000 shares $5.89 million -1.8%N/A0.3 $1.00 12/31/20206,000,000 shares $6.30 million +7.3%N/A0.4 $1.05 12/15/20205,590,000 shares $3.26 million +0.7%N/A0.6 $0.58 11/30/20205,550,000 shares $2.80 million -2.6%N/A0.6 $0.50 11/15/20205,700,000 shares $2.88 million +3.3%36.8%0.7 $0.50 10/30/20205,520,000 shares $2.62 million +9.7%35.6%0.6 $0.47 10/15/20205,030,000 shares $2.87 million -9.5%N/A0.4 $0.57 9/30/20205,560,000 shares $2.68 million +1.8%N/A0.3 $0.48 9/15/20205,460,000 shares $2.72 million -4.4%N/A0.2 $0.50 8/31/20205,710,000 shares $2.61 million +1.2%N/A0.2 $0.46 8/14/20205,640,000 shares $2.99 million +39.3%N/A0.2 $0.53 7/31/20204,050,000 shares $2.70 million +43.6%N/A0.1 $0.67 7/15/20202,820,000 shares $1.42 million -6.0%N/A0.1 $0.50 6/30/20203,000,000 shares $1.47 million +86.3%N/A0.2 $0.49 6/15/20201,610,000 shares $1.08 million +6.6%N/A0.1 $0.67 NOVN Short Interest - Frequently Asked Questions What is Novan's current short interest? Short interest is the volume of Novan shares that have been sold short but have not yet been covered or closed out. As of July 15th, traders have sold 383,100 shares of NOVN short. Learn More on Novan's current short interest. Is Novan's short interest increasing or decreasing? Novan saw a drop in short interest during the month of July. As of July 15th, there was short interest totaling 383,100 shares, a drop of 17.3% from the previous total of 463,000 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 Novan's short interest compare to its competitors? Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Novan: HCW Biologics Inc. (28.55%), Lakeshore Biopharma Co., Ltd. (0.08%), Aprea Therapeutics, Inc. (1.22%), Phio Pharmaceuticals Corp. (8.71%), Talphera, Inc. (1.16%), Cyclerion Therapeutics, Inc. (1.29%), Orgenesis Inc. (0.15%), Genprex, Inc. (5.43%), Kiora Pharmaceuticals, Inc. (0.90%), Acurx Pharmaceuticals, Inc. (1.88%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($3.75 billion), Charter Communications, Inc. ($3.17 billion), Occidental Petroleum Co. ($2.86 billion), Rivian Automotive, Inc. ($2.29 billion), T. Rowe Price Group, Inc. ($2.13 billion), Royal Caribbean Cruises Ltd. ($2.05 billion), Palantir Technologies Inc. ($2.04 billion), Extra Space Storage Inc. ($1.98 billion), Enphase Energy, Inc. ($1.66 billion), and Tractor Supply ($1.61 billion). View all of the most shorted stocks. What does it mean to sell short Novan stock? Short selling NOVN is an investing strategy that aims to generate trading profit from Novan 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. How does a short squeeze work against Novan? A short squeeze for Novan 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 NOVN, which in turn drives the price of the stock up even further. How often is Novan'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 NOVN, twice per month. The most recent reporting period available is July, 15 2023. More Short Interest Resources from MarketBeat Related Companies HCWB Short Interest LSB Short Interest APRE Short Interest PHIO Short Interest TLPH Short Interest CYCN Short Interest ORGS Short Interest GNPX Short Interest KPRX Short Interest ACXP Short Interest Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:NOVN) was last updated on 6/10/2025 by MarketBeat.com Staff From Our PartnersBanks aren’t ready for this altcoin—are you?While everyone's distracted by Bitcoin's moves, a stealth revolution is underway. One altcoin is quietly po...Crypto 101 Media | SponsoredElon’s NEXT Big IPO?Cancel your internet TODAY!? 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