BetterLife Pharma (PVOTF) Short Interest Ratio & Short Volume

Short interest is the volume of BetterLife Pharma shares that have been sold short but have not yet been closed out or covered. As of May 29th, investors have sold 70,100 shares of PVOTF short. Learn More on BetterLife Pharma's current short interest.

BetterLife Pharma saw a increase in short interest during the month of May. As of May 29th, there was short interest totaling 70,100 shares, an increase of 364.2% from the previous total of 15,100 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 BetterLife Pharma: Benitec Biopharma Inc. (0.50%), Synlogic, Inc. (0.53%), Alaunos Therapeutics, Inc. (9.51%), Nicox S.A. (0.00%), DermTech, Inc. (10.05%), BiomX Inc. (0.81%), ZIVO Bioscience, Inc. (4.24%), MEI Pharma, Inc. (0.34%), TherapeuticsMD, Inc. (0.41%), ATI Physical Therapy, Inc. (0.39%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.03 billion), Ecolab Inc. ($3.64 billion), Match Group, Inc. ($3.59 billion), Wayfair Inc. ($3.02 billion), Morgan Stanley ($2.87 billion), Tesla, Inc. ($2.69 billion), The Charles Schwab Co. ($2.64 billion), The Clorox Company ($2.50 billion), Zillow Group, Inc. ($1.86 billion), and International Flavors & Fragrances Inc. ($1.85 billion). View all of the most shorted stocks.

Short selling PVOTF is an investing strategy that aims to generate trading profit from BetterLife 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 BetterLife Pharma 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 PVOTF, 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 PVOTF, twice per month. The most recent reporting period available is May, 29 2020.