Here's an overview of the short interest data for SELLAS Life Sciences Group, Inc. (SLS) as of the most recent Fintel updates:
SLS Short Interest Snapshot
- Total Short Interest: The latest reported short interest for SLS stands at 27,735,843 shares. This figure is sourced from NASDAQ and reflects the total number of open short positions.1
- Days to Cover: With a "Days to Cover" ratio of 19.25, it would take approximately 19.25 days for all short sellers to repurchase their borrowed shares, assuming average daily trading volume. A higher number of days to cover can indicate a more significant short squeeze potential.1
- Short Interest % Float: The short interest as a percentage of the float is 30.19%. This metric highlights that a substantial portion of the company's publicly available shares are held in short positions, suggesting a strong bearish sentiment among a segment of investors.1
- Off-Exchange Short Volume: Recent data shows an off-exchange short volume of 285,015 shares, with an off-exchange short volume ratio of 65.33%. This indicates that a significant portion of short selling activity is occurring outside traditional exchanges, including dark pools.1
Fintel sources its short interest data directly from stock exchanges and FINRA, with updates provided twice monthly. The float and shares outstanding data used for calculations are from Capital IQ.1 These metrics are crucial for understanding market sentiment and potential volatility, especially in the context of a potential short squeeze.
