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Cannabist (CBSTF) Short Interest Ratio & Short Volume

-0.01 (-4.62%)
(As of 07/19/2024 ET)

Cannabist Short Interest Data

Current Short Interest
Previous Short Interest
Change Vs. Previous Month
Dollar Volume Sold Short
Short Interest Ratio
2.2 Days to Cover
Last Record Date
June 30, 2024
Today's Trading Volume
Average Trading Volume
Today's Volume Vs. Average
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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CBSTF Short Interest Over Time

CBSTF Days to Cover Over Time

CBSTF Percentage of Float Shorted Over Time

Cannabist Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
6/30/20242,157,200 shares $417,202.48 +23.9%N/A2.2 $0.19
6/15/20241,741,200 shares $309,933.60 +25.9%N/A1.1 $0.18
5/31/20241,382,900 shares $329,545.07 -9.0%N/A0.8 $0.24
5/15/20241,520,200 shares $413,342.38 +191.2%N/A0.6 $0.27
4/30/2024522,000 shares $208,800.00 +1.2%N/A0.2 $0.40
4/15/2024515,700 shares $148,573.17 +42.4%N/A0.2 $0.29
3/31/2024362,100 shares $129,595.59 -30.5%N/A0.2 $0.36
3/15/2024521,300 shares $0.00 +17.3%N/A0.2 $0.00

CBSTF Short Interest - Frequently Asked Questions

What is Cannabist's current short interest?

Short interest is the volume of Cannabist shares that have been sold short but have not yet been covered or closed out. As of June 30th, investors have sold 2,157,200 shares of CBSTF short. Learn More on Cannabist's current short interest.

What is a good short interest ratio for Cannabist?

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. CBSTF shares currently have a short interest ratio of 2.0. Learn More on Cannabist's short interest ratio.

Is Cannabist's short interest increasing or decreasing?

Cannabist saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,157,200 shares, an increase of 23.9% from the previous total of 1,741,200 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.

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. ($3.71 billion), TC Energy Co. ($2.95 billion), Moderna, Inc. ($2.63 billion), Royal Caribbean Cruises Ltd. ($2.53 billion), Paychex, Inc. ($2.03 billion), Cencora, Inc. ($2.03 billion), Tractor Supply ($1.91 billion), Rivian Automotive, Inc. ($1.78 billion), Chesapeake Energy Co. ($1.50 billion), and United Therapeutics Co. ($1.40 billion). View all of the most shorted stocks.

What does it mean to sell short Cannabist stock?

Short selling CBSTF is an investing strategy that aims to generate trading profit from Cannabist 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.

How does a short squeeze work against Cannabist?

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

How often is Cannabist'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 CBSTF, twice per month. The most recent reporting period available is June, 30 2024.

This page (OTCMKTS:CBSTF) was last updated on 7/20/2024 by Staff

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