Aspen Pharmacare (APNHY) Short Interest Ratio & Short Volume

Short interest is the volume of Aspen Pharmacare shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 3,400 shares of APNHY short. Learn More on Aspen Pharmacare'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. APNHY shares currently have a short interest ratio of 11.0. Learn More on Aspen Pharmacare's short interest ratio.

Here is how the short interest of companies in the sector of "medical" compare to Aspen Pharmacare: Orion Oyj (0.00%), Hikma Pharmaceuticals PLC (0.79%), Zealand Pharma A/S (0.66%), GN Store Nord A/S (0.00%), Sino Biopharmaceutical Limited (0.03%), Ramsay Health Care Limited (0.00%), Nihon Kohden Co. (0.00%), Sysmex Co. (0.00%), Eurofins Scientific SE (0.18%), Shionogi & Co., Ltd. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling APNHY is an investing strategy that aims to generate trading profit from Aspen Pharmacare 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 Aspen Pharmacare 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 APNHY, 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 APNHY, twice per month. The most recent reporting period available is March, 31 2024.