Global Cord Blood (CO) Short Interest Ratio & Short Volume

Short interest is the volume of Global Cord Blood shares that have been sold short but have not yet been covered or closed out. As of December 30th, traders have sold 1,070,000 shares of CO short. 2.79% of Global Cord Blood's shares are currently sold short. Learn More on Global Cord Blood'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. 2.79% of Global Cord Blood's floating shares are currently sold short.

Global Cord Blood currently has issued a total of 121,551,000 shares. Some of Global Cord Blood'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. Global Cord Blood currently has a public float of 38,400,000 shares.

2.79% of Global Cord Blood's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Global Cord Blood: Viemed Healthcare, Inc. (0.99%), Quipt Home Medical Corp. (4.25%), NewGenIvf Group Limited (10.02%), BioRestorative Therapies, Inc. (3.82%), Mangoceuticals, Inc. (5.71%), Ontrak, Inc. (0.89%), Fresenius Medical Care AG (0.12%), DaVita Inc. (5.19%), Sotera Health (8.20%), Progyny, Inc. (9.09%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.31 billion), T. Rowe Price Group, Inc. ($2.13 billion), TC Energy Co. ($2.13 billion), Paramount Global ($1.50 billion), Coinbase Global, Inc. ($1.48 billion), Etsy, Inc. ($1.48 billion), PG&E Co. ($1.47 billion), Old Dominion Freight Line, Inc. ($1.46 billion), United Rentals, Inc. ($1.35 billion), and Voya Financial, Inc. ($1.32 billion). View all of the most shorted stocks.

Short selling CO is an investing strategy that aims to generate trading profit from Global Cord Blood 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 Global Cord Blood 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 CO, 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 CO, twice per month. The most recent reporting period available is December, 30 2022.