Charlie's (CHUC) Short Interest Ratio & Short Volume

Short interest is the volume of Charlie's shares that have been sold short but have not yet been covered or closed out. As of July 15th, investors have sold 26,100 shares of CHUC short. Learn More on Charlie's' current short interest.

Charlie's saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 26,100 shares, an increase of 35.2% from the previous total of 19,300 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 industry of "medicinals & botanicals" compare to Charlie's: Jushi Holdings Inc. (1.01%), MariMed Inc. (0.00%), Bright Green Co. (0.62%), GLG Life Tech Co. (0.00%), Natural Alternatives International, Inc. (0.08%), Mannatech, Incorporated (0.04%), Paranovus Entertainment Technology Ltd. (1.09%), Upexi, Inc. (0.04%), Glucose Health, Inc. (0.01%), IM Cannabis Corp. (3.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.

Short selling CHUC is an investing strategy that aims to generate trading profit from Charlie's 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 Charlie's 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 CHUC, 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 CHUC, twice per month. The most recent reporting period available is July, 15 2024.