CB Scientific (CBSC) Short Interest Ratio & Short Volume

Short interest is the volume of CB Scientific shares that have been sold short but have not yet been covered or closed out. As of February 29th, traders have sold 6,000 shares of CBSC short. Learn More on CB Scientific's current short interest.

CB Scientific saw a decrease in short interest in February. As of February 29th, there was short interest totaling 6,000 shares, a decrease of 88.3% from the previous total of 51,100 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.

Here is how the short interest of companies in the sector of "medical" compare to CB Scientific: Monopar Therapeutics Inc. (1.24%), Dominari Holdings Inc. (0.01%), Trinity Biotech plc (0.02%), Kiora Pharmaceuticals, Inc. (0.56%), Aesthetic Medical International Holdings Group Limited (0.94%), RedHill Biopharma Ltd. (2.38%), Coeptis Therapeutics Holdings, Inc. (0.57%), Avalo Therapeutics, Inc. (10.13%), Pieris Pharmaceuticals, Inc. (1.12%), Check-Cap Ltd. (4.74%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.39 billion), General Motors ($3.88 billion), Super Micro Computer, Inc. ($3.51 billion), Charter Communications, Inc. ($3.22 billion), Occidental Petroleum Co. ($3.13 billion), Tractor Supply ($2.76 billion), Coinbase Global, Inc. ($2.63 billion), Suncor Energy Inc. ($2.48 billion), Moderna, Inc. ($2.04 billion), and Royal Caribbean Cruises Ltd. ($1.87 billion). View all of the most shorted stocks.

Short selling CBSC is an investing strategy that aims to generate trading profit from CB Scientific 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 CB Scientific 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 CBSC, 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 CBSC, twice per month. The most recent reporting period available is February, 29 2024.