Cotinga Pharmaceuticals (COTQF) Short Interest Ratio & Short Volume

Short interest is the volume of Cotinga Pharmaceuticals shares that have been sold short but have not yet been closed out or covered. As of June 30th, traders have sold 100 shares of COTQF short. Learn More on Cotinga Pharmaceuticals' current short interest.

Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Cotinga Pharmaceuticals: Context Therapeutics Inc. (0.08%), IMV Inc. (1.31%), LAVA Therapeutics (1.50%), Mainz Biomed (2.34%), NLS Pharmaceutics Ltd. (1.54%), and

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($8.32 billion), AstraZeneca PLC ($8.20 billion), Block, Inc. ($7.79 billion), Analog Devices, Inc. ($7.16 billion), S&P Global Inc. ($7.07 billion), Aon plc ($6.17 billion), Charter Communications, Inc. ($5.38 billion), Wayfair Inc. ($4.80 billion), AMC Entertainment Holdings, Inc. ($4.28 billion), and Snowflake Inc. ($3.19 billion). View all of the most shorted stocks.

Short selling COTQF is an investing strategy that aims to generate trading profit from Cotinga Pharmaceuticals 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 Cotinga Pharmaceuticals 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 COTQF, 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 COTQF, twice per month. The most recent reporting period available is June, 30 2021.