Short interest in Cingulate Inc (NASDAQ:CINGW) increased during the last reporting period, rising from 1.18K to 4.04K. This put -% of the company's publicly available shares short.
Short interest for Cingulate gives investors a sense of the degree to which investors are betting on the decline of Cingulate's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 29.51K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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