SenesTech, Inc. Sees Significant Increase in Short Interest

SNES Stock  USD 2.25  0.01  0.44%   
Slightly above 61% of SenesTech's investor base is looking to short. The analysis of overall sentiment of trading SenesTech stock suggests that many investors are alarmed at this time. SenesTech's investing sentiment can be driven by a variety of factors including economic data, SenesTech's earnings reports, geopolitical events, and overall market trends.
  
SenesTech, Inc. was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 59,300 shares, an increase of 26.7 percent from the August 15th total of 46,800 shares. Based on an average daily volume of 17,600 shares, the

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SenesTech Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards SenesTech can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

SenesTech Fundamental Analysis

We analyze SenesTech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SenesTech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SenesTech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Cash Per Share

Cash Per Share Comparative Analysis

SenesTech is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

SenesTech Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SenesTech stock to make a market-neutral strategy. Peer analysis of SenesTech could also be used in its relative valuation, which is a method of valuing SenesTech by comparing valuation metrics with similar companies.

Peers

SenesTech Related Equities

DNMRDanimer Scientific   8.33   
0%
100.0%
GEVOGevo   3.12   
0%
37.0%
NTICNorthern Technologies   2.81   
0%
33.0%
LWLGLightwave Logic   2.50   
0%
30.0%
SCLStepan   1.57   
0%
18.0%
KWRQuaker Chemical   1.18   
0%
14.0%
HWKNHawkins   0.84   
0%
10.0%
IOSPInnospec   0.81   
0%
9.0%
SXTSensient Technologies   0.71   
0%
8.0%
MTXMinerals Technologies   0.54   
0%
6.0%
AVNTAvient Corp   0.06   
1.0%
0%
ECVTEcovyst   0.62   
7.0%
0%
ODCOil Dri   0.63   
7.0%
0%
NEUNewMarket   1.37   
16.0%
0%
ALTOAlto Ingredients   2.03   
24.0%
0%
CNEYCN Energy   8.33   
100.0%
0%

Additional Tools for SenesTech Stock Analysis

When running SenesTech's price analysis, check to measure SenesTech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SenesTech is operating at the current time. Most of SenesTech's value examination focuses on studying past and present price action to predict the probability of SenesTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SenesTech's price. Additionally, you may evaluate how the addition of SenesTech to your portfolios can decrease your overall portfolio volatility.