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Vertex Pharmaceuticals Short Interest Ratio and Short Volume

-3.16 (-1.47 %)
(As of 10/21/2020 12:00 AM ET)
Today's Range
Now: $211.38
50-Day Range
MA: $261.06
52-Week Range
Now: $211.38
Volume2.77 million shs
Average Volume1.96 million shs
Market Capitalization$55.06 billion
P/E Ratio26.69
Dividend YieldN/A

Short Interest

Vertex Pharmaceuticals (NASDAQ:VRTX) Short Interest Data

Current Short Volume:3,390,000 shares
Previous Short Volume:3,040,000 shares
Change Vs. Previous Month:+11.51%
Dollar Volume Sold Short:$935.95 million
Short Interest Ratio / Days to Cover:3.0
Last Record Date:September, 30 2020
Outstanding Shares:256,120,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:2,766,550 shares
Average Trading Volume:1,956,786 shares
Today's Volume Vs. Average:41.38%

Vertex Pharmaceuticals (NASDAQ:VRTX) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
9/30/20203,390,000 $935.95 million 11.5%0.0%2.7$276.09
9/15/20203,040,000 $815.27 million -9.3%0.0%2.3$268.18
8/31/20203,350,000 $867.15 million 4.0%0.0%2.4$258.85
8/14/20203,220,000 $887.08 million -4.2%0.0%2$275.49
7/31/20203,360,000 $916.20 million -17.0%0.0%2$272.68
7/15/20204,050,000 $1.10 billion -6.5%0.0%2.2$272.00
6/30/20204,330,000 $1.21 billion 2.9%0.0%2.2$278.49
6/15/20204,210,000 $1.20 billion 7.7%0.0%2$285.59
5/29/20203,910,000 $1.14 billion -1.5%0.0%1.7$291.18
5/15/20203,970,000 $1.14 billion 2.6%0.0%1.8$287.96
4/30/20203,870,000 $1.08 billion 13.2%0.0%1.8$278.51
4/15/20203,420,000 $975.66 million -14.9%0.0%1.7$285.28
3/31/20204,020,000 $1.08 billion 29.4%0.0%2.1$269.86
3/13/20203,107,300 $766.29 million 7.9%0.0%1.6$246.61
2/28/20202,880,000 $582.36 million 9.5%0.0%2$202.21
2/14/20202,630,000 $606.24 million -16.2%0.0%1.9$230.51
1/31/20203,140,000 $728.61 million -11.6%0.0%2.4$232.04
1/15/20203,550,000 $879.73 million -1.1%0.0%2.7$247.81
12/31/20193,590,000 $822.33 million -0.8%0.0%2.7$229.06

Vertex Pharmaceuticals (NASDAQ:VRTX) Short Interest FAQ

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What is Vertex Pharmaceuticals' current short interest?

Short interest is the volume of Vertex Pharmaceuticals shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 3,390,000 shares of VRTX short. 0.00% of Vertex Pharmaceuticals' shares are currently sold short. View details.

What is a good short interest ratio for Vertex Pharmaceuticals?

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. Vertex Pharmaceuticals currently has a short interest ratio of 3.0.

Is Vertex Pharmaceuticals' short interest increasing or decreasing?

Vertex Pharmaceuticals saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,390,000 shares, an increase of 11.5% from the previous total of 3,040,000 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.

How does Vertex Pharmaceuticals' short interest compare to its competitors?

0.00% of Vertex Pharmaceuticals' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "biotechnology" compare to Vertex Pharmaceuticals: Amgen Inc. (1.05%), Gilead Sciences, Inc. (1.55%), Regeneron Pharmaceuticals Inc (2.02%), Biogen Inc. (1.79%), Seattle Genetics, Inc. (0.00%), Alexion Pharmaceuticals, Inc. (2.56%), Immunomedics, Inc. (0.00%), Incyte Co. (0.00%), Alnylam Pharmaceuticals, Inc. (0.00%), and Exact Sciences Co. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.12 billion), Aon PLC ($3.76 billion), Clorox Co ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), Kroger Co ($2.20 billion), and Simon Property Group Inc ($1.88 billion). View all of the most shorted stocks.

What does it mean to sell short Vertex Pharmaceuticals stock?

Short selling VRTX is an investing strategy that aims to generate trading profit from Vertex Pharmaceuticals as its price is falling. Vertex Pharmaceuticals' stock is trading down $3.16 today. To short Vertex Pharmaceuticals 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 Vertex Pharmaceuticals 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 Vertex Pharmaceuticals?

A short squeeze for Vertex Pharmaceuticals 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 VRTX, which in turn drives the price of the stock up even further.

How often is Vertex Pharmaceuticals' 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 VRTX, twice per month. The most recent reporting period available is September, 30 2020.

This page was last updated on 10/22/2020 by MarketBeat.com Staff

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