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AAPL   180.75 (-0.37%)
MSFT   413.64 (+1.45%)
META   490.13 (+1.26%)
GOOGL   138.46 (+1.53%)
AMZN   176.76 (+2.08%)
TSLA   201.88 (-0.08%)
NVDA   791.12 (+1.87%)
NIO   5.74 (+5.71%)
AMD   192.53 (+9.06%)
BABA   74.02 (-0.76%)
T   16.93 (-0.18%)
F   12.43 (+1.06%)
MU   90.61 (+1.00%)
CGC   3.29 (-2.08%)
GE   156.83 (+0.78%)
DIS   111.51 (+0.64%)
AMC   4.34 (-13.21%)
PFE   26.55 (-1.81%)
PYPL   60.34 (+0.15%)
XOM   104.52 (+0.19%)
QQQ   439.00 (+0.86%)
AAPL   180.75 (-0.37%)
MSFT   413.64 (+1.45%)
META   490.13 (+1.26%)
GOOGL   138.46 (+1.53%)
AMZN   176.76 (+2.08%)
TSLA   201.88 (-0.08%)
NVDA   791.12 (+1.87%)
NIO   5.74 (+5.71%)
AMD   192.53 (+9.06%)
BABA   74.02 (-0.76%)
T   16.93 (-0.18%)
F   12.43 (+1.06%)
MU   90.61 (+1.00%)
CGC   3.29 (-2.08%)
GE   156.83 (+0.78%)
DIS   111.51 (+0.64%)
AMC   4.34 (-13.21%)
PFE   26.55 (-1.81%)
PYPL   60.34 (+0.15%)
XOM   104.52 (+0.19%)
QQQ   439.00 (+0.86%)
AAPL   180.75 (-0.37%)
MSFT   413.64 (+1.45%)
META   490.13 (+1.26%)
GOOGL   138.46 (+1.53%)
AMZN   176.76 (+2.08%)
TSLA   201.88 (-0.08%)
NVDA   791.12 (+1.87%)
NIO   5.74 (+5.71%)
AMD   192.53 (+9.06%)
BABA   74.02 (-0.76%)
T   16.93 (-0.18%)
F   12.43 (+1.06%)
MU   90.61 (+1.00%)
CGC   3.29 (-2.08%)
GE   156.83 (+0.78%)
DIS   111.51 (+0.64%)
AMC   4.34 (-13.21%)
PFE   26.55 (-1.81%)
PYPL   60.34 (+0.15%)
XOM   104.52 (+0.19%)

Cassava Sciences (SAVA) Short Interest Ratio & Short Volume

$22.98
+0.05 (+0.22%)
(As of 02/29/2024 ET)

Cassava Sciences Short Interest Data

Current Short Volume
11,760,000 shares
Previous Short Volume
12,180,000 shares
Change Vs. Previous Month
-3.45%
Dollar Volume Sold Short
$288.94 million
Short Interest Ratio / Days to Cover
12.3
Last Record Date
February 15, 2024
Outstanding Shares
42,170,000 shares
Float Size
38,270,000 shares
Short Percent of Float
30.73%
Today's Trading Volume
501,723 shares
Average Trading Volume
669,103 shares
Today's Volume Vs. Average
75%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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SAVA Short Interest Over Time

SAVA Days to Cover Over Time

SAVA Percentage of Float Shorted Over Time


Cassava Sciences Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/15/202411,760,000 shares $288.94 million -3.5%30.7%12.3 $24.57
1/31/202412,180,000 shares $291.71 million -8.6%31.8%11.5 $23.95
1/15/202413,330,000 shares $349.78 million -4.0%33.6%10.2 $26.24
12/31/202313,890,000 shares $312.66 million +8.9%35.0%9.2 $22.51
12/15/202312,760,000 shares $268.96 million -7.0%32.2%8.6 $21.08
11/30/202313,720,000 shares $285.79 million -5.8%34.7%11.2 $20.83
11/15/202314,560,000 shares $317.70 million -8.9%36.8%11.3 $21.82
10/31/202315,990,000 shares $322.20 million +14.1%40.6%12.4 $20.15
10/15/202314,020,000 shares $208.34 million -1.3%35.6%13.1 $14.86
9/30/202314,210,000 shares $236.45 million +3.7%36.1%17.2 $16.64
9/15/202313,700,000 shares $265.92 million +2.7%34.8%14.8 $19.41
8/31/202313,340,000 shares $279.74 million +8.8%33.9%14.8 $20.97
8/15/202312,260,000 shares $215.16 million +7.3%31.1%14.9 $17.55
7/31/202311,430,000 shares $251.23 million +2.1%29.0%13.4 $21.98
7/15/202311,200,000 shares $242.26 million +10.5%28.6%13.9 $21.63
6/30/202310,140,000 shares $248.63 million +8.1%25.9%13 $24.52
6/15/20239,380,000 shares $235.16 million -13.2%23.9%14.4 $25.07
5/31/202310,800,000 shares $245.27 million +6.3%27.6%15.2 $22.71
5/15/202310,160,000 shares $269.34 million -7.5%25.9%14.4 $26.51
4/30/202310,980,000 shares $254.96 million -0.6%28.0%14.5 $23.22
4/15/202311,050,000 shares $257.69 million -3.9%28.2%10.1 $23.32
3/31/202311,500,000 shares $277.38 million +9.9%30.0%9.7 $24.12
3/15/202310,460,000 shares $272.48 million -5.0%27.3%7.9 $26.05
2/28/202311,010,000 shares $271.95 million +3.9%28.7%7.9 $24.70
2/15/202310,600,000 shares $279.95 million +7.6%27.6%7.6 $26.41
1/31/20239,850,000 shares $275.80 million -4.6%25.1%6.4 $28.00
1/15/202310,320,000 shares $350.88 million +18.8%26.3%7.3 $34.00
12/30/20228,690,000 shares $256.70 million -1.3%22.1%7 $29.54
12/15/20228,800,000 shares $348.22 million -5.7%22.4%5.6 $39.57
11/30/20229,330,000 shares $324.96 million No Change23.8%4 $34.83
11/15/20229,330,000 shares $374.13 million -0.4%23.8%3.7 $40.10
10/31/20229,370,000 shares $341.44 million -2.7%24.9%2.8 $36.44
10/15/20229,630,000 shares $351.11 million -10.7%25.6%2.6 $36.46
9/30/202210,780,000 shares $450.82 million -14.1%N/A2.9 $41.82
9/15/202212,550,000 shares $396.33 million -0.2%N/A3.7 $31.58
8/31/202212,580,000 shares $323.68 million +4.4%N/A5.1 $25.73
8/15/202212,050,000 shares $243.29 million +5.4%N/A5.1 $20.19
7/31/202211,430,000 shares $186.65 million +12.3%N/A7.7 $16.33
7/15/202210,180,000 shares $243.40 million -2.2%N/A8.4 $23.91
6/30/202210,410,000 shares $292.73 million -5.1%N/A7.1 $28.12













SAVA Short Interest - Frequently Asked Questions

What is Cassava Sciences' current short interest?

Short interest is the volume of Cassava Sciences shares that have been sold short but have not yet been covered or closed out. As of February 15th, investors have sold 11,760,000 shares of SAVA short. 30.73% of Cassava Sciences' shares are currently sold short. Learn More on Cassava Sciences' current short interest.

What is a good short interest ratio for Cassava Sciences?

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. SAVA shares currently have a short interest ratio of 12.0. Learn More on Cassava Sciences's short interest ratio.

Which institutional investors are shorting Cassava Sciences?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Cassava Sciences: GTS Securities LLC, Torno Capital LLC, Wolverine Trading LLC, Cantor Fitzgerald L. P., Citadel Advisors LLC, IMC Chicago LLC, Concourse Financial Group Securities Inc., National Bank of Canada FI, Simplex Trading LLC, and Cutler Group LLC CA. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Cassava Sciences?

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. 30.73% of Cassava Sciences' floating shares are currently sold short.

Is Cassava Sciences' short interest increasing or decreasing?

Cassava Sciences saw a drop in short interest in February. As of February 15th, there was short interest totaling 11,760,000 shares, a drop of 3.4% from the previous total of 12,180,000 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 Cassava Sciences' float size?

Cassava Sciences currently has issued a total of 42,170,000 shares. Some of Cassava Sciences' 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. Cassava Sciences currently has a public float of 38,270,000 shares.

How does Cassava Sciences' short interest compare to its competitors?

30.73% of Cassava Sciences' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Cassava Sciences: Innoviva, Inc. (19.51%), Arcutis Biotherapeutics, Inc. (17.95%), MannKind Co. (12.85%), Zentalis Pharmaceuticals, Inc. (20.19%), Edgewise Therapeutics, Inc. (8.55%), Aurinia Pharmaceuticals Inc. (13.21%), MacroGenics, Inc. (10.97%), Tyra Biosciences, Inc. (12.17%), Evolus, Inc. (11.12%), Centessa Pharmaceuticals plc (2.85%),

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 Cassava Sciences stock?

Short selling SAVA is an investing strategy that aims to generate trading profit from Cassava Sciences as its price is falling. SAVA shares are trading up $0.22 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 Cassava Sciences?

A short squeeze for Cassava Sciences 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 SAVA, which in turn drives the price of the stock up even further.

How often is Cassava Sciences' 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 SAVA, twice per month. The most recent reporting period available is February, 15 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:SAVA) was last updated on 2/29/2024 by MarketBeat.com Staff