Tempest Therapeutics (TPST) Short Interest Ratio & Short Volume

Short interest is the volume of Tempest Therapeutics shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 969,700 shares of TPST short. 6.09% of Tempest Therapeutics' shares are currently sold short. Learn More on Tempest 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. TPST shares currently have a short interest ratio of 1.0. Learn More on Tempest 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 Tempest Therapeutics: Citadel Advisors LLC, Concourse Financial Group Securities Inc., Simplex Trading LLC, and Cutler Group LLC CA. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 6.09% of Tempest Therapeutics' floating shares are currently sold short.

Tempest Therapeutics saw a increase in short interest in March. As of March 31st, there was short interest totaling 969,700 shares, an increase of 26.5% from the previous total of 766,800 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.

Tempest Therapeutics currently has issued a total of 22,190,000 shares. Some of Tempest Therapeutics' 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. Tempest Therapeutics currently has a public float of 15,930,000 shares.

6.09% of Tempest Therapeutics' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Tempest Therapeutics: Assertio Holdings, Inc. (10.93%), Leap Therapeutics, Inc. (4.87%), Aclaris Therapeutics, Inc. (6.89%), Oncolytics Biotech Inc. (1.23%), Lantern Pharma Inc. (5.33%), Hookipa Pharma Inc (0.45%), Milestone Pharmaceuticals Inc. (1.05%), Carisma Therapeutics, Inc. (8.17%), Vaxxinity, Inc. (9.00%), Assembly Biosciences, Inc. (1.17%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling TPST is an investing strategy that aims to generate trading profit from Tempest Therapeutics as its price is falling. TPST shares are trading down $0.25 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 Tempest Therapeutics 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 TPST, 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 TPST, twice per month. The most recent reporting period available is March, 31 2024.