Notable Labs (NTBL) Short Interest Ratio & Short Volume

Short interest is the volume of Notable Labs shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 1,700 shares of NTBL short. Learn More on Notable Labs' current short interest.

Notable Labs saw a drop in short interest in April. As of April 30th, there was short interest totaling 1,700 shares, a drop of 83.5% from the previous total of 10,300 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.

Notable Labs currently has issued a total of 2,220,000 shares. Some of Notable Labs' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Notable Labs currently has a public float of 45,410,000 shares.

Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Notable Labs: Clearmind Medicine Inc. (5.51%), Biodexa Pharmaceuticals Plc (159.69%), Bio-Path Holdings, Inc. (2.85%), Dermata Therapeutics, Inc. (1.28%), Qualigen Therapeutics, Inc. (0.80%), PainReform Ltd. (1.17%), CNS Pharmaceuticals, Inc. (0.31%), 180 Life Sciences Corp. (5.29%), Galmed Pharmaceuticals Ltd. (1.49%), Salarius Pharmaceuticals, Inc. (1.65%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling NTBL is an investing strategy that aims to generate trading profit from Notable Labs as its price is falling. NTBL shares are trading down $0.23 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 Notable 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 NTBL, 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 NTBL, twice per month. The most recent reporting period available is April, 30 2024.