Short interest in Cardiol Therapeutics Inc (NASDAQ:CRDL) increased during the last reporting period, rising from 893.32K to 1.13M. This put 1.44% of the company's publicly available shares short.

Short interest for Cardiol Therapeutics gives investors a sense of the degree to which investors are betting on the decline of Cardiol Therapeutics's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 509.47K shares traded per day, it would take 2.22 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.