Mitesco - MITI Short Interest Ratio & Short Volume

Short interest is the volume of Mitesco shares that have been sold short but have not yet been closed out or covered. As of February 15th, traders have sold 100 shares of MITI short. Learn More on Mitesco's current short interest.

Mitesco saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 100 shares, a decline of 50.0% from the previous total of 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 Mitesco: Babylon Holdings Limited (3.83%), Xcelerate Inc. (0.00%), Better Therapeutics, Inc. (1.42%), UpHealth, Inc. (5.63%), Sigyn Therapeutics, Inc. (0.00%), Midatech Pharma plc (0.28%), AnPac Bio-Medical Science Co., Ltd. (3.87%), SunLink Health Systems, Inc. (0.19%), Medicure Inc. (0.00%), and ADM Tronics Unlimited, Inc. (0.05%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.09 billion), Occidental Petroleum Co. ($3.00 billion), T. Rowe Price Group, Inc. ($2.35 billion), Coinbase Global, Inc. ($2.30 billion), Paramount Global ($2.04 billion), Etsy, Inc. ($1.90 billion), Voya Financial, Inc. ($1.77 billion), CarMax, Inc. ($1.67 billion), Royal Caribbean Cruises Ltd. ($1.58 billion), and Monolithic Power Systems, Inc. ($1.47 billion). View all of the most shorted stocks.

Short selling MITI is an investing strategy that aims to generate trading profit from Mitesco as its price is falling. MITI shares are trading up $0.04 today. 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 Mitesco 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 MITI, 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 MITI, twice per month. The most recent reporting period available is February, 15 2023.