Zosano Pharma (ZSAN) Short Interest Ratio & Short Volume

Short interest is the volume of Zosano Pharma shares that have been sold short but have not yet been closed out or covered. As of May 31st, investors have sold 332,300 shares of ZSAN short. 7.21% of Zosano Pharma's shares are currently sold short. Learn More on Zosano Pharma'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. ZSAN shares currently have a short interest ratio of 1.0. Learn More on Zosano Pharma'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. 7.21% of Zosano Pharma's floating shares are currently sold short.

Zosano Pharma saw a decrease in short interest in the month of May. As of May 31st, there was short interest totaling 332,300 shares, a decrease of 15.6% from the previous total of 393,500 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.

Zosano Pharma currently has issued a total of 4,902,000 shares. Some of Zosano Pharma'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. Zosano Pharma currently has a public float of 4,610,000 shares.

7.21% of Zosano Pharma's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Zosano Pharma: Context Therapeutics Inc. (0.08%), Grifols, S.A. (2.32%), LAVA Therapeutics (1.50%), Mainz Biomed (2.34%), NLS Pharmaceutics Ltd. (1.54%), Pharvaris (0.10%), Procaps Group S.A. (0.03%), Qilian International Holding Group Limited (0.07%), Aptevo Therapeutics Inc. (5.13%), Allarity Therapeutics, Inc. (9.18%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.12 billion), Palo Alto Networks, Inc. ($3.85 billion), Lucid Group, Inc. ($2.66 billion), HP Inc. ($2.31 billion), Coinbase Global, Inc. ($2.14 billion), GameStop Corp. ($1.94 billion), T. Rowe Price Group, Inc. ($1.91 billion), Chesapeake Energy Co. ($1.79 billion), Rivian Automotive, Inc. ($1.62 billion), and Carnival Co. & plc ($1.59 billion). View all of the most shorted stocks.

Short selling ZSAN is an investing strategy that aims to generate trading profit from Zosano Pharma as its price is falling. 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 Zosano Pharma 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 ZSAN, 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 ZSAN, twice per month. The most recent reporting period available is May, 31 2022.