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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Post by Exgeacon Dec 25, 2024 7:47am
114 Views
Post# 36377117

CGC , Short Squeeze,... POSSIBLE?

CGC , Short Squeeze,... POSSIBLE?CGC - Share Price, Short Interest, Short Squeeze,
 
Short Interest: 9,193,134 shares (source: NASDAQ)
 
Short Interest Ratio: 1.56 Days to Cover
 
Short Interest % Float: 8.74% (source: NASDAQ for short interest, Capital IQ for float)
 
Off-Exchange Short Volume: 1,468,654 shares (source: FINRA, including Dark Pool volume)
 
Off-Exchange Short Volume Ratio: 36.37% (source: FINRA, including Dark Pool volume)
 
 Short interest and float can significantly impact stock prices in various ways:
 
 Short Interest: This represents the total number of shares that have been sold short but not yet covered or closed out. High short interest indicates that many investors believe the stock price will decline.
 
 Impact on Stock Price: High short interest can lead to increased volatility. If the stock price starts to rise, short sellers may rush to cover their positions, leading to a short squeeze, which can drive the stock price up rapidly.
 
 Float: This is the number of shares available for trading by the public. It excludes closely held shares by insiders, employees, and major shareholders.
 
 Impact on Stock Price: A lower float means fewer shares are available for trading, which can lead to higher volatility. With fewer shares available, any significant buying or selling activity can cause larger price swings.
 
 
 
Short Interest % Float: This ratio shows the proportion of the float that is sold short. A high percentage indicates a high level of bearish sentiment among investors. If the float is low and short interest is high, the stock can be particularly susceptible to a short squeeze, leading to sharp price increases.
 
CGC - Share Price, Short Interest, Short Squeeze, Short Interest: 9,193,134 shares (source: NASDAQ) Short Interest Ratio: 1.56 Days to Cover Short Interest % Float: 8.74% (source: NASDAQ for short interest, Capital IQ for float) Off-Exchange Short Volume: 1,468,654 shares (source: FINRA, including Dark Pool volume) Off-Exchange Short Volume Ratio: 36.37% (source: FINRA, including Dark Pool volume) Short interest and float can significantly impact stock prices in various ways: Short Interest: This represents the total number of shares that have been sold short but not yet covered or closed out. High short interest indicates that many investors believe the stock price will decline. Impact on Stock Price: High short interest can lead to increased volatility. If the stock price starts to rise, short sellers may rush to cover their positions, leading to a short squeeze, which can drive the stock price up rapidly. Float: This is the number of shares available for trading by the public. It excludes closely held shares by insiders, employees, and major shareholders. Impact on Stock Price: A lower float means fewer shares are available for trading, which can lead to higher volatility. With fewer shares available, any significant buying or selling activity can cause larger price swings. Short Interest % Float: This ratio shows the proportion of the float that is sold short. A high percentage indicates a high level of bearish sentiment among investors. If the float is low and short interest is high, the stock can be particularly susceptible to a short squeeze, leading to sharp price increases.
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