Relay Medical (RYMDF) Short Interest Ratio & Short Volume

Short interest is the volume of Relay Medical shares that have been sold short but have not yet been closed out or covered. As of November 30th, investors have sold 1,100 shares of RYMDF short. Learn More on Relay Medical's current short interest.

Relay Medical saw a increase in short interest in the month of November. As of November 30th, there was short interest totaling 1,100 shares, an increase of 450.0% 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 Relay Medical: Cingulate Inc. (0.58%), Tharimmune, Inc. (0.90%), ZyVersa Therapeutics, Inc. (6.14%), Micron Solutions, Inc. (0.07%), Shineco, Inc. (0.13%), Intellipharmaceutics International Inc. (0.07%), Artelo Biosciences, Inc. (0.19%), Assure Holdings Corp. (2.04%), INVO Bioscience, Inc. (0.65%), Genprex, Inc. (2.69%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.35 billion), S&P Global Inc. ($8.85 billion), Charter Communications, Inc. ($5.23 billion), Canadian Pacific Kansas City Limited ($4.96 billion), Wayfair Inc. ($3.99 billion), Palo Alto Networks, Inc. ($3.89 billion), Etsy, Inc. ($2.57 billion), Zscaler, Inc. ($2.44 billion), eBay Inc. ($2.34 billion), and Teladoc Health, Inc. ($2.30 billion). View all of the most shorted stocks.

Short selling RYMDF is an investing strategy that aims to generate trading profit from Relay Medical 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 Relay Medical 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 RYMDF, 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 RYMDF, twice per month. The most recent reporting period available is November, 30 2021.