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ADC Therapeutics Short Interest Ratio and Short Volume

+0.34 (+1.63 %)
(As of 05/14/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume317,800 shs
Average Volume327,737 shs
Market Capitalization$1.46 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

ADC Therapeutics (NYSE:ADCT) Short Interest Data

Current Short Volume6,210,000 shares
Previous Short Volume5,760,000 shares
Change Vs. Previous Month+7.81%
Dollar Volume Sold Short$151.15 million
Short Interest Ratio / Days to Cover17.4
Last Record DateApril, 15 2021
Outstanding Shares68,892,000 shares
Float Size38,210,000 shares
Short Percent of Float16.25%
Today's Trading Volume317,800 shares
Average Trading Volume327,737 shares
Today's Volume Vs. Average-3.03%

Short Interest Over Time

ADC Therapeutics (NYSE:ADCT) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20216,210,000 shares $151.15 million +7.8%16.3%17.4 $24.34
3/31/20215,760,000 shares $139.68 million +24.4%15.1%18.6 $24.25
3/15/20214,630,000 shares $117.05 million +4.3%12.1%15.6 $25.28
2/26/20214,440,000 shares $126.45 million +11.0%11.4%18.6 $28.48
2/12/20214,000,000 shares $122.20 million +1.5%10.3%15.8 $30.55
1/29/20213,940,000 shares $118.59 million +8.5%10.1%15.7 $30.10
1/15/20213,630,000 shares $119.79 million No Change9.3%16.1 $33.00

ADC Therapeutics (NYSE:ADCT) Short Interest FAQ

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What is ADC Therapeutics' current short interest?

Short interest is the volume of ADC Therapeutics shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 6,210,000 shares of ADCT short. 16.25% of ADC Therapeutics' shares are currently sold short. View details.

What is a good short interest ratio for ADC Therapeutics?

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. ADC Therapeutics currently has a short interest ratio of 17.0.

What is a good short interest percentage for ADC Therapeutics?

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. 16.25% of ADC Therapeutics' floating shares are currently sold short.

Is ADC Therapeutics' short interest increasing or decreasing?

ADC Therapeutics saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 6,210,000 shares, an increase of 7.8% from the previous total of 5,760,000 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.

What is ADC Therapeutics' float size?

ADC Therapeutics currently has issued a total of 68,892,000 shares. Some of ADC Therapeutics' 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. ADC Therapeutics currently has a public float of 38,210,000 shares.

How does ADC Therapeutics' short interest compare to its competitors?

16.25% of ADC Therapeutics' shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to ADC Therapeutics: Blueprint Medicines Co. (0.00%), Allakos Inc. (9.45%), Ionis Pharmaceuticals, Inc. (0.00%), Galapagos NV (0.00%), TG Therapeutics, Inc. (8.53%), I-Mab (0.00%), Biohaven Pharmaceutical Holding Company Ltd. (0.00%), Schrödinger, Inc. (7.97%), Sage Therapeutics, Inc. (0.00%), and Hypera S.A. (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: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short ADC Therapeutics stock?

Short selling ADCT is an investing strategy that aims to generate trading profit from ADC Therapeutics as its price is falling. ADC Therapeutics' stock is trading up $0.34 today. To short ADC Therapeutics 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 ADC Therapeutics 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 ADC Therapeutics?

A short squeeze for ADC Therapeutics occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ADCT, which in turn drives the price of the stock up even further.

How often is ADC Therapeutics' 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 ADCT, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/15/2021 by Staff
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