Societal CDMO (SCTL) Short Interest Ratio & Short Volume

$1.10
+0.01 (+0.92%)
(As of 04/8/2024)

Societal CDMO Short Interest Data

Current Short Volume
2,400 shares
Previous Short Volume
271,500 shares
Change Vs. Previous Month
-99.12%
Dollar Volume Sold Short
$2,592.00
Short Interest Ratio / Days to Cover
0.3
Last Record Date
March 31, 2024
Outstanding Shares
105,691,000 shares
Percentage of Shares Shorted
0.00%
Today's Trading Volume
514,600 shares
Average Trading Volume
957,342 shares
Today's Volume Vs. Average
54%
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SCTL Short Interest Over Time

SCTL Days to Cover Over Time

SCTL Percentage of Float Shorted Over Time

Societal CDMO Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20242,400 shares $2,592.00 -99.1%N/A0.3 $1.08
3/15/2024271,500 shares $295,935.00 +82.8%0.3%0.3 $1.09
2/29/2024148,500 shares $158,895.00 -20.1%0.2%0.2 $1.07
2/15/2024185,800 shares $93,457.40 -21.1%0.2%1.1 $0.50
1/31/2024235,600 shares $77,936.48 +7.4%0.3%0.8 $0.33
1/15/2024219,300 shares $76,294.47 +10.7%0.3%0.9 $0.35
12/31/2023198,200 shares $69,469.10 +32.8%0.2%0.7 $0.35
12/15/2023149,200 shares $54,875.76 +2.5%0.2%0.5 $0.37
11/30/2023145,600 shares $53,886.56 -10.2%0.2%0.5 $0.37
11/15/2023162,200 shares $48,660.00 +24.5%0.2%0.4 $0.30
10/31/2023130,300 shares $44,901.38 +22.0%0.2%0.4 $0.34
10/15/2023106,800 shares $41,822.88 -14.9%0.1%0.4 $0.39
9/30/2023125,500 shares $58,859.50 -38.4%0.2%0.4 $0.47
9/15/2023203,800 shares $105,344.22 +40.9%0.2%0.7 $0.52
8/31/2023144,600 shares $82,132.80 -59.0%0.2%0.5 $0.57
8/15/2023353,000 shares $243,958.30 +1.2%0.5%2.6 $0.69
7/31/2023349,000 shares $296,650.00 +2.4%0.5%2.6 $0.85
7/15/2023340,900 shares $334,082.00 +9.3%0.5%1.6 $0.98
6/30/2023312,000 shares $343,200.00 -18.2%0.4%1.5 $1.10
6/15/2023381,300 shares $400,365.00 +27.4%0.5%1.9 $1.05
5/31/2023299,400 shares $209,580.00 -5.9%0.4%1.5 $0.70
5/15/2023318,100 shares $209,946.00 -11.4%0.4%1.5 $0.66
4/30/2023359,100 shares $262,214.82 +11.1%0.5%1.7 $0.73
4/15/2023323,200 shares $323,200.00 +1.9%0.4%2.3 $1.00
3/31/2023317,300 shares $377,587.00 +25.9%0.4%2 $1.19
3/15/2023252,000 shares $272,160.00 -7.4%0.3%1.4 $1.08
2/28/2023272,200 shares $400,134.00 +2.3%0.4%1.4 $1.47
2/15/2023266,000 shares $428,260.00 -1.8%0.4%1.8 $1.61
1/31/2023270,900 shares $352,170.00 -43.0%0.4%1.9 $1.30
1/15/2023475,400 shares $627,528.00 -8.4%0.6%3.4 $1.32
12/30/2022519,200 shares $773,608.00 +0.4%0.7%4.3 $1.49
12/15/2022517,400 shares $688,142.00 +2.3%0.7%5.3 $1.33
11/30/2022505,800 shares $910,440.00 +1.2%1.0%8.4 $1.80
11/15/2022499,800 shares $834,666.00 +16.3%1.0%8.2 $1.67
10/31/2022429,800 shares $782,236.00 -1.7%0.9%5.9 $1.82
10/15/2022437,300 shares $699,680.00 -4.9%0.9%5.9 $1.60
9/30/2022459,900 shares $749,637.00 -1.9%1.0%6.2 $1.63
9/15/2022469,000 shares $708,190.00 +9.4%1.0%5 $1.51
8/31/2022428,900 shares $510,391.00 -7.8%0.9%3.9 $1.19
8/15/2022465,100 shares $613,932.00 +1.0%1.0%3.5 $1.32
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SCTL Short Interest - Frequently Asked Questions

What is Societal CDMO's current short interest?

Short interest is the volume of Societal CDMO shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 2,400 shares of SCTL short. Learn More on Societal CDMO's current short interest.

Is Societal CDMO's short interest increasing or decreasing?

Societal CDMO saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 2,400 shares, a decrease of 99.1% from the previous total of 271,500 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.

How does Societal CDMO's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Societal CDMO: GlycoMimetics, Inc. (4.67%), Repare Therapeutics Inc. (2.13%), Citius Pharmaceuticals, Inc. (8.29%), Cartesian Therapeutics, Inc. (45.28%), Immunic, Inc. (3.20%), Abeona Therapeutics Inc (7.95%), Karyopharm Therapeutics Inc. (20.23%), CytomX Therapeutics, Inc. (5.30%), Adicet Bio, Inc. (9.55%), Relmada Therapeutics, Inc. (5.67%),

Which stocks are the most shorted right now?

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.

What does it mean to sell short Societal CDMO stock?

Short selling SCTL is an investing strategy that aims to generate trading profit from Societal CDMO as its price is falling. SCTL shares are trading up $0.01 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.

How does a short squeeze work against Societal CDMO?

A short squeeze for Societal CDMO 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 SCTL, which in turn drives the price of the stock up even further.

How often is Societal CDMO's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SCTL, twice per month. The most recent reporting period available is March, 31 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:SCTL) was last updated on 5/2/2024 by MarketBeat.com Staff

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