Seelos Therapeutics (SEEL) Short Interest Ratio & Short Volume

Short interest is the volume of Seelos Therapeutics shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 9,650,000 shares of SEEL short. Learn More on Seelos 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. SEEL shares currently have a short interest ratio of 2.0. Learn More on Seelos Therapeutics's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Seelos Therapeutics: Group One Trading L.P., and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Seelos Therapeutics saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 9,650,000 shares, an increase of 16.0% from the previous total of 8,320,000 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.

Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Seelos Therapeutics: Edgewise Therapeutics, Inc. (17.65%), Silence Therapeutics plc (0.47%), Phibro Animal Health Co. (3.77%), SIGA Technologies, Inc. (15.06%), COMPASS Pathways plc (6.32%), ORIC Pharmaceuticals, Inc. (28.09%), AnaptysBio, Inc. (20.65%), Phathom Pharmaceuticals, Inc. (18.47%), Lyell Immunopharma, Inc. (14.44%), Biomea Fusion, Inc. (29.46%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling SEEL is an investing strategy that aims to generate trading profit from Seelos Therapeutics as its price is falling. SEEL shares are trading up $0.12 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.

A short squeeze for Seelos 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 SEEL, 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 SEEL, twice per month. The most recent reporting period available is November, 15 2023.