WEED Short Interest Ratio and Short Volume

Short interest is the volume of WEED shares that have been sold short but have not yet been closed out or covered. As of October 30th, investors have sold 8,800 shares of BUDZ short. 0.00% of WEED's shares are currently sold short. View details.

WEED saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 8,800 shares, an increase of 8,700.0% from the previous total of 100 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.

0.00% of WEED's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "cannabis" compare to WEED: Canopy Growth Corp (17.16%), Innovative Industrial Properties, Inc. (0.00%), GrowGeneration Corp. (16.68%), 22nd Century Group, Inc. (0.00%), KushCo Holdings, Inc. (0.00%), General Cannabis Corp (0.00%), Terra Tech Corp. (0.00%), Grow Capital, Inc. (0.00%), Leafbuyer Technologies, Inc. (0.00%), and Mentor Capital, Inc. (0.00%).

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.

Short selling BUDZ is an investing strategy that aims to generate trading profit from WEED as its price is falling. WEED's stock is trading up $0.01 today. To short WEED 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 WEED 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 WEED 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 BUDZ, 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 BUDZ, twice per month. The most recent reporting period available is October, 30 2020.