NYSE:HEXO

HEXO Short Interest Ratio and Short Volume

$5.87
-0.59 (-9.13 %)
(As of 04/12/2021 12:00 AM ET)
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Today's Range
$5.80
Now: $5.87
$6.28
50-Day Range
$6.19
MA: $6.90
$8.06
52-Week Range
$1.60
Now: $5.87
$11.04
Volume4.16 million shs
Average Volume6.91 million shs
Market Capitalization$718.44 million
P/E RatioN/A
Dividend YieldN/A
Beta1.41

Short Interest

HEXO (NYSE:HEXO) Short Interest Data

Current Short Volume9,540,000 shares
Previous Short Volume9,570,000 shares
Change Vs. Previous Month:-0.31%
Dollar Volume Sold Short$60.48 million
Short Interest Ratio / Days to Cover1.3
Last Record DateMarch, 15 2021
Outstanding Shares122,392,000 shares
Float Size116,020,000 shares
Short Percent of Float8.22%
Today's Trading Volume4,163,027 shares
Average Trading Volume6,905,693 shares
Today's Volume Vs. Average-39.72%

Short Interest Over Time


HEXO (NYSE:HEXO) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/15/20219,540,000 shares $60.48 million -0.3%8.2%1.3 $6.34
2/26/20219,570,000 shares $64.79 million +1.0%8.3%1.3 $6.77
2/12/20219,480,000 shares $66.27 million +19.4%8.2%1.1 $6.99
1/29/20217,940,000 shares $81.62 million -8.3%6.9%1 $10.28
1/15/20218,660,000 shares $56.46 million +51.9%7.5%1.2 $6.52
12/31/202019,800,000 shares $100.19 million +56.9%17.1%4.2 $5.06
12/15/202019,800,000 shares $82.17 million +56.9%17.1%4.2 $4.15
11/30/202012,620,000 shares $13.25 million -14.7%2.8%0.7 $1.05
11/15/202014,790,000 shares $16.56 million +0.8%3.3%1.5 $1.12
10/30/202014,670,000 shares $11.00 million +0.6%3.2%1.5 $0.75
10/15/202014,580,000 shares $10.35 million -23.9%3.7%2 $0.71
9/30/202019,150,000 shares $14.75 million -32.0%4.9%2.5 $0.77
9/15/202028,180,000 shares $18.60 million -14.2%7.2%3.5 $0.66

HEXO (NYSE:HEXO) Short Interest FAQ

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What is HEXO's current short interest?

Short interest is the volume of HEXO shares that have been sold short but have not yet been closed out or covered. As of March 15th, investors have sold 9,540,000 shares of HEXO short. 8.22% of HEXO's shares are currently sold short. View details.

What is a good short interest ratio for HEXO?

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. HEXO currently has a short interest ratio of 1.0.

What is a good short interest percentage for HEXO?

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. 8.22% of HEXO's floating shares are currently sold short.

Is HEXO's short interest increasing or decreasing?

HEXO saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 9,540,000 shares, a drop of 0.3% from the previous total of 9,570,000 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 HEXO's float size?

HEXO currently has issued a total of 122,392,000 shares. Some of HEXO'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. HEXO currently has a public float of 116,020,000 shares.

How does HEXO's short interest compare to its competitors?

8.22% of HEXO's shares are currently sold short. Here is how the short interest of companies in the industry of "medicinals & botanicals" compare to HEXO: USANA Health Sciences, Inc. (5.74%), Aurora Cannabis Inc. (13.62%), Sundial Growers Inc. (0.00%), ChromaDex Co. (7.88%), MediWound Ltd. (0.33%), Charlie's Holdings, Inc. (0.00%), Natural Alternatives International, Inc. (0.10%), Nutra Pharma Corp. (0.00%), Happiness Biotech Group Limited (1.66%), and Glucose Health, Inc. (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: Aon plc ($5.64 billion), Analog Devices, Inc. ($5.59 billion), Charter Communications, Inc. ($5.47 billion), ViacomCBS Inc. ($4.95 billion), Baidu, Inc. ($3.51 billion), Snap Inc. ($3.18 billion), Airbnb, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), Expedia Group, Inc. ($2.24 billion), and Bilibili Inc. ($2.06 billion). View all of the most shorted stocks.

What does it mean to sell short HEXO stock?

Short selling HEXO is an investing strategy that aims to generate trading profit from HEXO as its price is falling. HEXO's stock is trading down $0.59 today. To short HEXO 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 HEXO 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 HEXO?

A short squeeze for HEXO 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 HEXO, which in turn drives the price of the stock up even further.

How often is HEXO's 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 HEXO, twice per month. The most recent reporting period available is March, 15 2021.



This page was last updated on 4/12/2021 by MarketBeat.com Staff
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