Health Discovery (HDVY) Short Interest Ratio & Short Volume

Short interest is the volume of Health Discovery shares that have been sold short but have not yet been closed out or covered. As of June 30th, investors have sold 8,500 shares of HDVY short. Learn More on Health Discovery's current short interest.

Health Discovery saw a decline in short interest in June. As of June 30th, there was short interest totaling 8,500 shares, a decline of 89.8% from the previous total of 83,200 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.

Here is how the short interest of companies in the sector of "medical" compare to Health Discovery: Bruush Oral Care Inc. (77.14%), CVR Medical Corp. (0.03%), Propanc Biopharma, Inc. (0.01%), ReNeuron Group plc (0.00%), Oncology Pharma Inc. (0.03%), Amarantus BioScience Holdings, Inc. (0.00%), RenovaCare, Inc. (0.00%), and Adhera Therapeutics, Inc. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.48 billion), Occidental Petroleum Co. ($3.23 billion), TC Energy Co. ($2.86 billion), Lucid Group, Inc. ($2.34 billion), T. Rowe Price Group, Inc. ($1.87 billion), HP Inc. ($1.83 billion), GameStop Corp. ($1.63 billion), Coinbase Global, Inc. ($1.53 billion), Rivian Automotive, Inc. ($1.45 billion), and Lumen Technologies, Inc. ($1.42 billion). View all of the most shorted stocks.

Short selling HDVY is an investing strategy that aims to generate trading profit from Health Discovery 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 Health Discovery 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 HDVY, 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 HDVY, twice per month. The most recent reporting period available is June, 30 2022.