PharmChem (PCHM) Short Interest Ratio & Short Volume

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

PharmChem saw a increase in short interest in February. As of February 15th, there was short interest totaling 100 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.

Here is how the short interest of companies in the sector of "medical" compare to PharmChem: BioNexus Gene Lab Corp. (2.51%), Psychemedics Co. (0.35%), OpGen, Inc. (1.59%), American Shared Hospital Services (0.14%), DermTech, Inc. (10.13%), Exagen Inc. (0.05%), Trees Co. (0.16%), Ontrak, Inc. (1.18%), Xcelerate Inc. (0.00%), BIMI Holdings Inc. (2.92%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

Short selling PCHM is an investing strategy that aims to generate trading profit from PharmChem as its price is falling. PCHM shares are trading down $0.05 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 PharmChem 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 PCHM, 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 PCHM, twice per month. The most recent reporting period available is February, 15 2024.