Cardax Short Interest Ratio and Short Volume

Cardax (OTCMKTS:CDXI) Short Interest Frequently Asked Questions

What is Cardax's current short interest?

Short interest is the volume of Cardax shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 200 shares of CDXI short. Learn More on Cardax's current short interest.

Is Cardax's short interest increasing or decreasing?

Cardax saw a decrease in short interest during the month of September. As of September 30th, there was short interest totaling 200 shares, a decrease of 60.0% from the previous total of 500 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.

How does Cardax's short interest compare to its competitors?

0.00% of Cardax's shares are currently sold short. Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Cardax: Teligent, Inc. (2.48%), ImmunoCellular Therapeutics, Ltd. (0.00%), VG Life Sciences Inc. (0.00%), GlobeImmune, Inc. (0.00%), RespireRx Pharmaceuticals Inc. (0.00%), American Bio Medica Co. (0.00%), Propanc Biopharma, Inc. (0.00%), Skinvisible, Inc. (0.00%), Aoxing Pharmaceutical Company, Inc. (0.00%), and Bioxytran, Inc. (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: S&P Global Inc. ($7.35 billion), Advanced Micro Devices, Inc. ($6.43 billion), Charter Communications, Inc. ($5.68 billion), Wayfair Inc. ($4.48 billion), Uber Technologies, Inc. ($3.77 billion), Canadian Pacific Railway Limited ($3.73 billion), Palo Alto Networks, Inc. ($3.10 billion), Zoom Video Communications, Inc. ($2.87 billion), Match Group, Inc. ($2.83 billion), and DoorDash, Inc. ($2.54 billion). View all of the most shorted stocks.

What does it mean to sell short Cardax stock?

Short selling CDXI is an investing strategy that aims to generate trading profit from Cardax as its price is falling. To short Cardax 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 Cardax 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 Cardax?

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

How often is Cardax'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 CDXI, twice per month. The most recent reporting period available is September, 30 2021.