Surface Oncology (SURF) Short Interest Ratio & Short Volume

Short interest is the volume of Surface Oncology shares that have been sold short but have not yet been closed out or covered. As of August 15th, traders have sold 165,300 shares of SURF short. Learn More on Surface Oncology's current short interest.

Surface Oncology saw a drop in short interest during the month of August. As of August 15th, there was short interest totaling 165,300 shares, a drop of 30.2% from the previous total of 236,900 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 sector of "medical" compare to Surface Oncology: LianBio (0.36%), Kinnate Biopharma Inc. (2.01%), NGM Biopharmaceuticals, Inc. (4.52%), Ikena Oncology, Inc. (5.48%), MediciNova, Inc. (0.53%), Rallybio Co. (17.17%), Pro-Dex, Inc. (0.91%), Genenta Science S.p.A. (0.02%), Entera Bio Ltd. (0.31%), Aligos Therapeutics, Inc. (0.87%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.78 billion), Occidental Petroleum Co. ($3.04 billion), Royal Caribbean Cruises Ltd. ($2.10 billion), Celsius Holdings, Inc. ($1.98 billion), Coinbase Global, Inc. ($1.97 billion), T. Rowe Price Group, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.83 billion), Tractor Supply ($1.82 billion), Moderna, Inc. ($1.66 billion), and CarMax, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling SURF is an investing strategy that aims to generate trading profit from Surface Oncology as its price is falling. SURF shares are trading down $0.01 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 Surface Oncology occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of SURF, 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 SURF, twice per month. The most recent reporting period available is August, 15 2023.