Vermillion (VRML) Short Interest Ratio & Short Volume

Short interest is the volume of Vermillion shares that have been sold short but have not yet been covered or closed out. As of June 15th, traders have sold 2,280,000 shares of VRML short. 4.50% of Vermillion's shares are currently sold short. Learn More on Vermillion's 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. VRML shares currently have a short interest ratio of 4.0. Learn More on Vermillion's short interest ratio.

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. 4.50% of Vermillion's floating shares are currently sold short.

Vermillion saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 2,280,000 shares, an increase of 5.1% from the previous total of 2,170,000 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.

Vermillion currently has issued a total of 97,378,000 shares. Some of Vermillion'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. Vermillion currently has a public float of 50,630,000 shares.

4.50% of Vermillion's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Vermillion: Achieve Life Sciences, Inc. (2.08%), UroGen Pharma Ltd. (17.91%), Solid Biosciences Inc. (3.47%), Rani Therapeutics Holdings, Inc. (14.69%), Tactile Systems Technology, Inc. (4.76%), Mereo BioPharma Group plc (2.22%), TScan Therapeutics, Inc. (1.09%), Precigen, Inc. (13.01%), Jasper Therapeutics, Inc. (4.18%), Tenaya Therapeutics, Inc. (5.41%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.67 billion), Match Group, Inc. ($3.64 billion), Wayfair Inc. ($3.47 billion), Tesla, Inc. ($3.00 billion), Ecolab Inc. ($2.97 billion), Morgan Stanley ($2.93 billion), The Charles Schwab Co. ($2.70 billion), Carnival Co. & plc ($2.38 billion), The Clorox Company ($2.29 billion), and Aon plc ($2.24 billion). View all of the most shorted stocks.

Short selling VRML is an investing strategy that aims to generate trading profit from Vermillion as its price is falling. VRML shares are trading up $0.05 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 Vermillion 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 VRML, 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 VRML, twice per month. The most recent reporting period available is June, 15 2020.