Cresco Labs Short Interest Ratio and Short Volume

Short interest is the volume of Cresco Labs shares that have been sold short but have not yet been covered or closed out. As of September 15th, investors have sold 2,000 shares of NWVCF short. 0.00% of Cresco Labs' shares are currently sold short. View details.

Cresco Labs saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,000 shares, an increase of 566.7% from the previous total of 300 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.

0.00% of Cresco Labs' shares are currently sold short. Here is how the short interest of companies in the industry of "specialty industrial machinery" compare to Cresco Labs: Ansell Limited (0.00%), Durr Aktiengesellschaft (0.00%), Fanuc Corporation (0.00%), HL Acquisitions Corp. (0.00%), Imaflex Inc. (0.00%), Inter Pipeline Ltd. (0.00%), OTCMKTS:DYFSF (0.00%), Pharming Group N.V. (0.00%), Sherritt International Corporation (0.00%), and Sonova Holding AG (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.17 billion), Aon PLC ($3.57 billion), ViacomCBS Inc. ($3.01 billion), Clorox Co ($2.91 billion), Charles Schwab Co. ($2.80 billion), Mercadolibre Inc ($2.33 billion), Analog Devices, Inc. ($2.14 billion), Kroger Co ($1.99 billion), Moderna Inc ($1.96 billion), and Simon Property Group Inc ($1.80 billion). View all of the most shorted stocks.

Short selling NWVCF is an investing strategy that aims to generate trading profit from Cresco Labs as its price is falling. Cresco Labs' stock is trading down $0.01 today. To short Cresco Labs 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 Cresco Labs 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 Cresco Labs 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 NWVCF, 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 NWVCF, twice per month. The most recent reporting period available is September, 15 2020.