Clene (CLNN) Short Interest Ratio & Short Volume

Short interest is the volume of Clene shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 209,000 shares of CLNN short. Learn More on Clene's current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Clene: CVI Holdings LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Clene saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 209,000 shares, a decline of 69.0% from the previous total of 674,500 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.

Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Clene: Veru Inc. (8.65%), Incannex Healthcare Inc. (0.39%), Trevi Therapeutics, Inc. (1.40%), Greenwich LifeSciences, Inc. (3.03%), Lifecore Biomedical, Inc. (6.86%), Abeona Therapeutics Inc (7.76%), Rigel Pharmaceuticals, Inc. (3.22%), Alimera Sciences, Inc. (0.20%), ProQR Therapeutics (0.45%), Context Therapeutics Inc. (1.38%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling CLNN is an investing strategy that aims to generate trading profit from Clene as its price is falling. CLNN shares are trading down $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.

A short squeeze for Clene 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 CLNN, 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 CLNN, twice per month. The most recent reporting period available is May, 15 2024.