What is the float on SNDL?

What is the float on SNDL?

(SNDL) Valuation Measures & Financial Statistics.

Share Statistics.

Avg Vol (3 month) 3 99.65M
Float 8 2.06B
% Held by Insiders 1 0.47%
% Held by Institutions 1 5.53%
Shares Short (Mar 15, 2022) 4 240.76M

Similarly, Who owns SNDL stock?

Top 10 Owners of Sundial Growers Inc

Stockholder Stake Shares owned
ETF Managers Group LLC 1.43% 29,511,037
Susquehanna Financial Group LLLP 1.08% 22,139,812
Global X Management Co. LLC 0.78% 16,050,417
D. E. Shaw & Co. LP 0.40% 8,139,103

What is the short position on SNDL? Short selling SNDL is an investing strategy that aims to generate trading profit from Sundial Growers as its price is falling. Sundial Growers’ stock is trading down $0.03 today.

Thereof, What is the short interest in SNDL?

Is SNDL Stock Being Shorted? According to Ortex, Sundial’s short interest is a whopping 15.73%.

How much cash is SNDL?

Assets

Item Item 30-Sep-2020 31-Dec-2020
Cash Only Cash Only 19.74M 51.58M
Short-Term Investments Short-Term Investments
Cash & ST Investments / Total Assets Cash & ST Investments / Total Assets 11.62% 22.28%
Total Accounts Receivable Total Accounts Receivable 10.82M 12.48M

Is Sundial growers a real company?

Sundial Growers Inc. operates as a pharmaceutical company. The Company produces and grows a range of cannabis strains, as well as, sells a variety of cannabis derivative products.

What companies does SNDL own?

Its brand portfolio includes Top Leaf, Sundial Cannabis, Palmetto and Grasslands. Sundial also operates the Spiritleaf retail banner.

Which stock is shorted the most right now?

Most Shorted Stocks Right Now

  • Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
  • Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
  • SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
  • Beyond Meat, Inc. (NASDAQ:BYND) …
  • Lemonade, Inc. (NYSE:LMND)

What does days to cover mean in stocks?

Days to cover is a temporal indication of the short interest in a company’s stock. Days to cover is calculated by taking the quantity of shares that are currently sold short and dividing that amount by the stock’s average daily trading volume. A high days-to-cover measurement can signal a potential short squeeze.

What stocks have the highest short interest?

High Short Interest Stocks

Ticker Company ShortInt
BYND Beyond Meat Inc 40.60%
GOGO Gogo Inc 39.18%
ICPT Intercept Pharmaceuticals Inc 35.97%
BLNK Blink Charging Co 35.29%

What are the predictions for Sundial growers?

The 5 analysts offering 12-month price forecasts for Sundial Growers Inc have a median target of 0.80, with a high estimate of 0.97 and a low estimate of 0.60. The median estimate represents a +40.09% increase from the last price of 0.57.

Is SNDL a profitable company?

Earnings and Revenue History

Quality Earnings: SNDL is currently unprofitable. Growing Profit Margin: SNDL is currently unprofitable.

What are the most shorted stocks?

Most Shorted Stocks Right Now

  • Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
  • Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
  • SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
  • Beyond Meat, Inc. (NASDAQ:BYND) …
  • Lemonade, Inc. (NYSE:LMND)

How is sundial used?

sundial, the earliest type of timekeeping device, which indicates the time of day by the position of the shadow of some object exposed to the sun’s rays. As the day progresses, the sun moves across the sky, causing the shadow of the object to move and indicating the passage of time.

What does sundial growers make?

Sundial Growers Inc. is essentially a pharmaceutical company that produces and grows a range of cannabis strains. It also produces and sells different cannabis and cannabinoid products.

Is Sundial growers a Canadian company?

Company Description: Sundial Growers Inc is located in Calgary, AB, Canada and is part of the Pharmaceutical and Medicine Manufacturing Industry.

Why is sundial Growers stock so low?

SNDL Stock and Non-Compliance

Sundial Growers has had consistent troubles complying with the Nasdaq minimum bid rule. The stock has traded below the $1 minimum bid since March 2020, with the exception of a brief period in early 2021 due to Reddit excitement. That too, passed, sending SNDL stock below $1 again.

How do you tell if a stock is heavily shorted?

Search for the stock, click on the Statistics tab, and scroll down to Share Statistics, where you’ll find the key information about shorting, including the number of short shares for the company as well as the short ratio.

Does shorting a stock hurt the company?

It is widely agreed that excessive short sale activity can cause sudden price declines, which can undermine investor confidence, depress the market value of a company’s shares and make it more difficult for that company to raise capital, expand and create jobs.

What does it mean when a stock is squeezed?

The term squeeze can be used to describe several situations that involve some sort of market pressure. In finance, the term is used to describe situations wherein short-sellers purchase stock to cover losses or when investors sell long positions to take capital gains off the table.

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