Log in

Caledonia Mining Short Interest Ratio and Short Volume

-0.11 (-0.74 %)
(As of 11/27/2020 12:00 AM ET)
Today's Range
Now: $14.85
50-Day Range N/A
52-Week Range
Now: $14.85
Volume37,199 shs
Average Volume85,312 shs
Market Capitalization$171.04 million
P/E RatioN/A
Dividend Yield2.67%

Short Interest

Caledonia Mining (NYSEAMERICAN:CMCL) Short Interest Data

Current Short Volume:199,100 shares
Previous Short Volume:228,400 shares
Change Vs. Previous Month:-12.83%
Dollar Volume Sold Short:$3.17 million
Short Interest Ratio / Days to Cover:2.0
Last Record Date:October, 30 2020
Outstanding Shares:11,518,000 shares
Float Size:9,600,000 shares
Short Percent of Float:2.07%
Today's Trading Volume:37,199 shares
Average Trading Volume:85,312 shares
Today's Volume Vs. Average:-56.40%

Caledonia Mining (NYSEAMERICAN:CMCL) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/2020199,100 $3.17 million -12.8%2.1%2.3$15.91
10/15/2020228,400 $3.86 million 3.0%2.4%2.1$16.90
9/30/2020221,800 $4.08 million -10.1%2.3%1.7$18.39
9/15/2020246,600 $4.20 million -10.2%2.6%1.5$17.05
8/31/2020274,600 $5.13 million -10.4%2.9%1.6$18.67
8/14/2020306,500 $5.45 million -14.0%3.2%1.8$17.77
7/31/2020356,500 $8.07 million 6.6%3.8%2.2$22.64
7/15/2020334,300 $7.67 million -2.8%3.5%2.5$22.93
6/30/2020343,800 $9.50 million 10,990.3%3.6%3.1$27.63
6/15/20203,100 $52,669.00 210.0%0.0%0$16.99
5/29/20201,000 $15,570.00 -63.0%0.0%0$15.57
5/15/20202,700 $42,093.00 17.4%0.0%0.1$15.59
4/30/20202,300 $35,811.00 -42.5%0.0%0.1$15.57
4/15/20204,000 $55,000.00 11.1%0.0%0.1$13.75
3/31/20203,600 $45,000.00 -56.6%0.0%0.1$12.50
3/13/20208,300 $80,427.00 50.9%0.1%0.4$9.69
2/28/20205,500 $40,810.00 44.7%0.1%0.2$7.42
2/14/20203,800 $39,672.00 442.9%0.0%0.2$10.44
1/31/2020700 $7,630.00 75.0%0.0%0$10.90
1/15/2020400 $4,216.00 -84.6%0.0%0$10.54
12/31/20192,600 $21,866.00 136.4%0.0%0.2$8.41

Caledonia Mining (NYSEAMERICAN:CMCL) Short Interest FAQ

speech bubbles
speech bubbles

What is Caledonia Mining's current short interest?

Short interest is the volume of Caledonia Mining shares that have been sold short but have not yet been covered or closed out. As of October 30th, investors have sold 199,100 shares of CMCL short. 2.07% of Caledonia Mining's shares are currently sold short. View details.

What is a good short interest ratio for Caledonia Mining?

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. Caledonia Mining currently has a short interest ratio of 2.0.

What is a good short interest percentage for Caledonia Mining?

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. 2.07% of Caledonia Mining's floating shares are currently sold short.

Is Caledonia Mining's short interest increasing or decreasing?

Caledonia Mining saw a decline in short interest in October. As of October 30th, there was short interest totaling 199,100 shares, a decline of 12.8% from the previous total of 228,400 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 Caledonia Mining's float size?

Caledonia Mining currently has issued a total of 11,518,000 shares. Some of Caledonia Mining'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. Caledonia Mining currently has a public float of 9,600,000 shares.

How does Caledonia Mining's short interest compare to its competitors?

2.07% of Caledonia Mining's shares are currently sold short. Here is how the short interest of companies in the industry of "other metals/minerals" compare to Caledonia Mining: Altius Minerals Co. (0.00%), Anglo American plc (0.00%), Glencore plc (0.00%), Lucara Diamond Corp. (0.00%), North American Tungsten Co. Ltd. (0.00%), Orogen Royalties Inc. (0.00%), Probe Metals Inc. (0.00%), Regis Resources Limited (0.00%), Sabina Gold & Silver Corp. (0.00%), and Scandium International Mining Corp. (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: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short Caledonia Mining stock?

Short selling CMCL is an investing strategy that aims to generate trading profit from Caledonia Mining as its price is falling. Caledonia Mining's stock is trading down $0.11 today. To short Caledonia Mining 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 Caledonia Mining 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 Caledonia Mining?

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

How often is Caledonia Mining'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 CMCL, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.