Mucinno (CTLE) Short Interest Ratio & Short Volume

Short interest is the volume of Mucinno shares that have been sold short but have not yet been closed out or covered. As of May 28th, traders have sold 18,900 shares of CTLE short. Learn More on Mucinno's current short interest.

Mucinno saw a increase in short interest in May. As of May 28th, there was short interest totaling 18,900 shares, an increase of ∞ from the previous total of 0 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.

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($8.35 billion), AstraZeneca PLC ($7.50 billion), Aon plc ($7.09 billion), Block, Inc. ($6.95 billion), Analog Devices, Inc. ($6.90 billion), Advanced Micro Devices, Inc. ($6.79 billion), Charter Communications, Inc. ($6.18 billion), S&P Global Inc. ($5.54 billion), Sea Limited ($4.96 billion), and Wayfair Inc. ($4.25 billion). View all of the most shorted stocks.

Short selling CTLE is an investing strategy that aims to generate trading profit from Mucinno 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 Mucinno 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 CTLE, 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 CTLE, twice per month. The most recent reporting period available is May, 28 2021.