Oncology Pharma (ONPH) Short Interest Ratio & Short Volume

Short interest is the volume of Oncology Pharma shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 13,500 shares of ONPH short. Learn More on Oncology Pharma's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. ONPH shares currently have a short interest ratio of 4.0. Learn More on Oncology Pharma's short interest ratio.

Here is how the short interest of companies in the sector of "medical" compare to Oncology Pharma: Bruush Oral Care Inc. (62.06%), RenovaCare, Inc. (0.00%), CVR Medical Corp. (0.03%), Amarantus BioScience Holdings, Inc. (0.00%), ReNeuron Group plc (0.00%), Propanc Biopharma, Inc. (0.01%), Resonate Blends, Inc. (0.11%), Leafly Holdings, Inc. (1.15%), CareCloud, Inc. (1.34%), Definitive Healthcare Corp. (15.57%), and

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling ONPH is an investing strategy that aims to generate trading profit from Oncology Pharma 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 Oncology Pharma 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 ONPH, 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 ONPH, twice per month. The most recent reporting period available is March, 31 2024.