S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Wall Street ticks lower early as attention turns to Fed's Powell, jobs market
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China seeks ways to revive slowing economy and salvage property market as annual congress convenes
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
An online protest movement exposes corruption in Uganda. Officials and others are rattled
Malaysia's prime minister resists US pressure and says Malaysians don't have a problem with China
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Wall Street ticks lower early as attention turns to Fed's Powell, jobs market
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China seeks ways to revive slowing economy and salvage property market as annual congress convenes
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
An online protest movement exposes corruption in Uganda. Officials and others are rattled
Malaysia's prime minister resists US pressure and says Malaysians don't have a problem with China
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Wall Street ticks lower early as attention turns to Fed's Powell, jobs market
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China seeks ways to revive slowing economy and salvage property market as annual congress convenes
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
An online protest movement exposes corruption in Uganda. Officials and others are rattled
Malaysia's prime minister resists US pressure and says Malaysians don't have a problem with China
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Stock market today: Wall Street ticks lower early as attention turns to Fed's Powell, jobs market
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
China seeks ways to revive slowing economy and salvage property market as annual congress convenes
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
An online protest movement exposes corruption in Uganda. Officials and others are rattled
Malaysia's prime minister resists US pressure and says Malaysians don't have a problem with China

Profound Medical (PROF) Short Interest Ratio & Short Volume

$9.17
-0.03 (-0.33%)
(As of 03/1/2024 08:52 PM ET)

Profound Medical Short Interest Data

Current Short Volume
343,900 shares
Previous Short Volume
350,100 shares
Change Vs. Previous Month
-1.77%
Dollar Volume Sold Short
$2.92 million
Short Interest Ratio / Days to Cover
6.2
Last Record Date
February 15, 2024
Outstanding Shares
24,430,000 shares
Float Size
19,070,000 shares
Short Percent of Float
1.80%
Today's Trading Volume
48,300 shares
Average Trading Volume
48,162 shares
Today's Volume Vs. Average
100%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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PROF Short Interest Over Time

PROF Days to Cover Over Time

PROF Percentage of Float Shorted Over Time


Profound Medical Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/15/2024343,900 shares $2.92 million -1.8%1.8%6.2 $8.49
1/31/2024350,100 shares $3.12 million +6.4%1.8%6.7 $8.92
1/15/2024329,100 shares $2.50 million -23.6%1.7%7.5 $7.60
12/31/2023430,600 shares $3.66 million +37.1%N/A10.8 $8.49
12/15/2023314,200 shares $2.99 million +3.2%N/A16.1 $9.52
11/30/2023304,600 shares $3.30 million +4.2%N/A18.8 $10.85
11/15/2023292,400 shares $2.76 million +11.2%N/A18.3 $9.44
10/31/2023262,900 shares $2.18 million +0.2%N/A17.6 $8.31
10/15/2023262,400 shares $2.44 million +5.6%N/A17.7 $9.30
9/30/2023248,400 shares $2.53 million +33.8%N/A15.2 $10.20
9/15/2023185,600 shares $1.48 million +6.8%N/A10.7 $8.00
8/31/2023173,800 shares $1.55 million -13.3%N/A8.2 $8.89
8/15/2023200,400 shares $1.94 million +2.3%N/A7.7 $9.67
7/31/2023195,900 shares $2.24 million -14.5%1.0%6.9 $11.45
7/15/2023229,000 shares $3.02 million -10.8%1.2%7.6 $13.20
6/30/2023256,600 shares $3.34 million -27.1%1.3%8.4 $13.01
6/15/2023351,900 shares $4.79 million -10.3%1.8%11.7 $13.62
5/31/2023392,300 shares $4.73 million -5.1%2.0%15 $12.05
5/15/2023413,500 shares $5.24 million -1.1%2.1%16.3 $12.67
4/30/2023418,200 shares $4.85 million -4.0%2.1%17.4 $11.60
4/15/2023435,700 shares $4.40 million -0.8%2.2%16.9 $10.10
3/31/2023439,100 shares $4.08 million -1.4%2.2%15.6 $9.29
3/15/2023445,100 shares $4.65 million -3.6%2.3%11.2 $10.45
2/28/2023461,900 shares $6.07 million +1.4%2.4%7.5 $13.15
2/15/2023455,500 shares $5.56 million -3.4%2.3%7.1 $12.21
1/31/2023471,700 shares $5.83 million +4.8%2.4%6.9 $12.35
1/15/2023450,100 shares $5.55 million +3.0%2.3%5.9 $12.34
12/30/2022437,000 shares $4.76 million +63.6%2.3%5 $10.89
12/15/2022267,200 shares $2.36 million +0.4%1.4%3 $8.82
11/30/2022266,200 shares $1.27 million -4.3%1.4%3.2 $4.76
11/15/2022278,200 shares $1.43 million -3.1%1.4%3.7 $5.13
10/31/2022287,100 shares $1.19 million -35.0%1.5%4.1 $4.14
10/15/2022441,500 shares $1.58 million +3.6%2.3%7.3 $3.57
9/30/2022426,200 shares $1.72 million +12.0%2.3%8.9 $4.04
9/15/2022380,500 shares $1.98 million +0.2%2.0%10.4 $5.20
8/31/2022379,900 shares $2.64 million -2.3%2.0%19.8 $6.95
8/15/2022388,700 shares $2.80 million -10.6%2.1%17.6 $7.21
7/31/2022434,800 shares $3.74 million -4.7%2.3%15 $8.61
7/15/2022456,000 shares $3.42 million -4.2%2.4%15.1 $7.51
6/30/2022475,800 shares $3.47 million -17.2%2.5%14.4 $7.29













PROF Short Interest - Frequently Asked Questions

What is Profound Medical's current short interest?

Short interest is the volume of Profound Medical shares that have been sold short but have not yet been closed out or covered. As of February 15th, investors have sold 343,900 shares of PROF short. 1.80% of Profound Medical's shares are currently sold short. Learn More on Profound Medical's current short interest.

What is a good short interest ratio for Profound Medical?

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. PROF shares currently have a short interest ratio of 6.0. Learn More on Profound Medical's short interest ratio.

Which institutional investors are shorting Profound Medical?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Profound Medical: Citadel Advisors LLC, Concourse Financial Group Securities Inc., and FNY Investment Advisers LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Profound Medical?

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. 1.80% of Profound Medical's floating shares are currently sold short.

Is Profound Medical's short interest increasing or decreasing?

Profound Medical saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 343,900 shares, a drop of 1.8% from the previous total of 350,100 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.

What is Profound Medical's float size?

Profound Medical currently has issued a total of 24,430,000 shares. Some of Profound Medical'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. Profound Medical currently has a public float of 19,070,000 shares.

How does Profound Medical's short interest compare to its competitors?

1.80% of Profound Medical's shares are currently sold short. Here is how the short interest of companies in the industry of "surgical & medical instruments" compare to Profound Medical: Inovio Pharmaceuticals, Inc. (7.77%), Alpha Tau Medical Ltd. (0.14%), Sight Sciences, Inc. (5.58%), Quipt Home Medical Corp. (1.24%), Orchestra BioMed Holdings, Inc. (4.69%), TELA Bio, Inc. (2.94%), AngioDynamics, Inc. (5.32%), TriSalus Life Sciences, Inc. (10.85%), Utah Medical Products, Inc. (1.72%), Allurion Technologies Inc. (0.96%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

What does it mean to sell short Profound Medical stock?

Short selling PROF is an investing strategy that aims to generate trading profit from Profound Medical as its price is falling. PROF shares are trading down $0.03 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.

How does a short squeeze work against Profound Medical?

A short squeeze for Profound Medical 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 PROF, which in turn drives the price of the stock up even further.

How often is Profound Medical'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 PROF, twice per month. The most recent reporting period available is February, 15 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:PROF) was last updated on 3/4/2024 by MarketBeat.com Staff