United Cannabis Short Interest Ratio and Short Volume

0.00 (0.00 %)
(As of 05/7/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume279,837 shs
Average Volume730,433 shs
Market Capitalization$1.20 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

United Cannabis (OTCMKTS:CNAB) Short Interest Data

Current Short Volume107,300 shares
Previous Short Volume62,200 shares
Change Vs. Previous Month+72.51%
Dollar Volume Sold Short$4,506.60
Short Interest Ratio / Days to Cover0.1
Last Record DateApril, 15 2020
Outstanding Shares93,729,000 shares
Percentage of Shares Shorted0.11%
Today's Trading Volume279,837 shares
Average Trading Volume730,433 shares
Today's Volume Vs. Average-61.69%

Short Interest Over Time

United Cannabis (OTCMKTS:CNAB) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2020107,300 shares $4,506.60 +72.5%N/A0.1$0.04
3/31/202062,200 shares $3,987.02 +70.4%N/A0.1$0.06
3/13/202036,500 shares $3,905.50 -63.5%N/A0.1$0.11
2/28/2020100,100 shares $11,511.50 +174.3%N/A0.1$0.12
2/14/202036,500 shares $5,329.00 -10.3%N/A0$0.15
1/31/202040,700 shares $6,495.72 -40.0%N/A0.1$0.16
1/15/202067,800 shares $9,153.00 +61.8%N/A0.1$0.14
12/31/201941,900 shares $6,285.00 -28.1%N/A0.1$0.15

United Cannabis (OTCMKTS:CNAB) Short Interest FAQ

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What is United Cannabis' current short interest?

Short interest is the volume of United Cannabis shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 107,300 shares of CNAB short.

Is United Cannabis' short interest increasing or decreasing?

United Cannabis saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 107,300 shares, an increase of 72.5% from the previous total of 62,200 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.

How does United Cannabis' short interest compare to its competitors?

0.00% of United Cannabis' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "cannabis" compare to United Cannabis: Innovative Industrial Properties, Inc. (0.00%), 22nd Century Group, Inc. (0.00%), KushCo Holdings, Inc. (0.00%), Terra Tech Corp. (0.00%), General Cannabis Corp (0.00%), Grow Capital, Inc. (0.00%), MassRoots, Inc. (0.00%), Leafbuyer Technologies, Inc. (0.00%), DigiPath, Inc. (0.00%), and Notis Global, 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: AbbVie Inc. ($6.93 billion), Charter Communications, Inc. ($4.47 billion), Tesla, Inc. ($2.93 billion), Match Group, Inc. ($2.71 billion), The Charles Schwab Co. ($2.47 billion), Microchip Technology Incorporated ($2.38 billion), The Clorox Company ($2.03 billion), Aurora Cannabis Inc. ($1.85 billion), Wayfair Inc. ($1.84 billion), and Pinduoduo Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short United Cannabis stock?

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

A short squeeze for United Cannabis 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 CNAB, which in turn drives the price of the stock up even further.

How often is United Cannabis' 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 CNAB, twice per month. The most recent reporting period available is April, 15 2020.

This page was last updated on 5/9/2021 by MarketBeat.com Staff
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