22nd Century Group (XXII) Short Interest Ratio & Short Volume

Short interest is the volume of 22nd Century Group shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 192,000 shares of XXII short. 5.58% of 22nd Century Group's shares are currently sold short. Learn More on 22nd Century Group'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. 5.58% of 22nd Century Group's floating shares are currently sold short.

22nd Century Group saw a decrease in short interest in March. As of March 31st, there was short interest totaling 192,000 shares, a decrease of 92.2% from the previous total of 2,450,000 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.

22nd Century Group currently has issued a total of 3,480,000 shares. Some of 22nd Century Group'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. 22nd Century Group currently has a public float of 3,440,000 shares.

5.58% of 22nd Century Group's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer staples" compare to 22nd Century Group: Steakholder Foods Ltd. (0.39%), Farmmi, Inc. (0.62%), BranchOut Food Inc. (1.28%), Stryve Foods, Inc. (8.76%), Reborn Coffee, Inc. (5.55%), Yield10 Bioscience, Inc. (6.11%), Inspire Veterinary Partners, Inc. (2.30%), AgriFORCE Growing Systems Ltd. (0.15%), African Agriculture Holdings Inc. (4.05%), Blue Star Foods Corp. (0.85%),

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 XXII is an investing strategy that aims to generate trading profit from 22nd Century Group as its price is falling. XXII shares are trading up $0.17 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 22nd Century Group 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 XXII, 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 XXII, twice per month. The most recent reporting period available is March, 31 2024.