Short interest in Skye Bioscience Inc (NASDAQ:SKYE) increased during the last reporting period, rising from 1.42M to 1.57M. This put 7.72% of the company's publicly available shares short.

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

Based on the recent average volume of 224.50K shares traded per day, it would take 6.98 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.