ANEW Medical (WENA) Short Interest Ratio & Short Volume

Short interest is the volume of ANEW Medical shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 256,200 shares of WENA short. 1.67% of ANEW Medical's shares are currently sold short. Learn More on ANEW Medical's current short interest.

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. 1.67% of ANEW Medical's floating shares are currently sold short.

ANEW Medical saw a increase in short interest in August. As of August 31st, there was short interest totaling 256,200 shares, an increase of 9.2% from the previous total of 234,600 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.

ANEW Medical currently has issued a total of 17,230,000 shares. Some of ANEW Medical'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. ANEW Medical currently has a public float of 15,370,000 shares.

1.67% of ANEW Medical's shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical products" compare to ANEW Medical: Outlook Therapeutics, Inc. (19.49%), Mersana Therapeutics, Inc. (9.23%), AlloVir, Inc. (2.56%), Shattuck Labs, Inc. (4.14%), ImmuCell Co. (0.08%), Oncolytics Biotech Inc. (3.15%), Century Therapeutics, Inc. (8.99%), Anebulo Pharmaceuticals, Inc. (0.19%), Quince Therapeutics, Inc. (4.34%), Atara Biotherapeutics, Inc. (17.61%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.11 billion), Canadian Natural Resources Limited ($4.04 billion), Suncor Energy Inc. ($3.19 billion), Aptiv PLC ($2.56 billion), Paychex, Inc. ($2.48 billion), Cencora, Inc. ($2.28 billion), Onsemi ($2.08 billion), Moderna, Inc. ($1.98 billion), Tractor Supply ($1.93 billion), and International Paper ($1.93 billion). View all of the most shorted stocks.

Short selling WENA is an investing strategy that aims to generate trading profit from ANEW Medical as its price is falling. WENA shares are trading down $0.00 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 ANEW Medical 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 WENA, 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 WENA, twice per month. The most recent reporting period available is August, 31 2024.