KAVL · Kaival Brands Innovations Group, Inc. · Short Interest
Substantial doubt about the company's ability to continue as a going concern.
“We will need significant additional funds to satisfy our outstanding payables, fund our working capital, and fully implement our business plan. U.S. distribution of BIDI® Stick products has ceased. Our ability to continue as a going concern depends on royalty receipts under the PMI License Agreement and our ability to raise additional capital. FDA marketing-denial orders applicable to Bidi's products and the ITC patent proceeding involving those products may continue to affect royalty receipts. All of these factors raise substantial doubt regarding our ability to continue as a going concern.”View the 10-Q filed Sep 14, 2026
One customer — 21% of revenue (the year ended October 31, 2024)
“For the year then ended October 31, 2024, (i) 21% or $1,236,491 of the revenue from the sale of Products, solely consisting of the BIDI® Stick, was generated from QuikTrip Corporation”
One customer — 12% of revenue (the year ended October 31, 2024)
“(ii) 12% or $678,562 was generated from GPM Investments, LLC”
One customer — 11% of revenue (the year ended October 31, 2024)
“(iii) 11% or $655,583 was generated from FAVS Business, LLC”
One customer — 100% of receivables (as of October 31, 2024)
“QuikTrip Corporation with an outstanding balance of $205 accounted for 100% of the total accounts receivable from customers as of October 31, 2024.”
Shares sold short and not yet covered, reported twice monthly. Days to cover is the reported short position divided by average daily volume.
KAVL Latest Reported Short Interest
FINRA reported 17,082 KAVL shares sold short as of the July 31, 2026 settlement date, an increase of 1,386 shares. Days to cover was 1.62 based on FINRA's reported average daily volume.
Official FINRA short-interest data · share counts are restated for subsequent splits of this listing
Options positioning & squeeze sensitivity
Nearest expiration after today within 30 calendar days; same-day expirations and later maturities are excluded.
No active listed options were found.
Open interest has both a buyer and a seller; it does not reveal dealer hedge direction. Gross gamma sums both calls and puts without netting and uses a local 1% price-change approximation. It measures sensitivity, not predicted buying or a squeeze probability.
Assessment prepared 2026-09-21 21:51 UTC. Options model values may come from a cached snapshot; their original computation time is not supplied. Open interest has its own effective date.
Short Interest History
| Settlement Date | Current Position | Previous Position | Change | Days to Cover |
|---|---|---|---|---|
|
2026-09-30
Scheduled
FINRA publishes Oct 9
|
— | — | — | — |
|
2026-09-15
Scheduled
FINRA publishes Sep 24
|
— | — | — | — |
| 2026-07-31 | 17,082 | 15,696 | +1,386 | 1.62 |
| 2026-07-15 | 15,696 | 15,696 | 0 | 1.00 |
| 2026-06-30 | 15,696 | 28,196 | -12,500 | 1.00 |
| 2026-06-15 | 28,196 | 28,915 | -719 | 1.00 |
| 2026-05-29 | 28,915 | 61,787 | -32,872 | 1.00 |
| 2026-05-15 | 61,787 | 32,376 | +29,411 | 1.00 |
| 2026-04-30 | 32,376 | 19,429 | +12,947 | 1.00 |
| 2026-04-15 | 19,429 | 15,696 | +3,733 | 1.38 |
| 2026-03-31 | 15,696 | 16,080 | -384 | 1.00 |
| 2026-03-13 | 16,080 | 15,630 | +450 | 1.00 |
| 2026-02-27 | 15,630 | 26,718 | -11,088 | 1.00 |
| 2026-02-13 | 26,718 | 16,718 | +10,000 | 1.00 |
| 2026-01-30 | 16,718 | 16,649 | +69 | 1.00 |
| 2026-01-15 | 16,649 | 552,720 | -536,071 | 1.00 |
| 2025-12-31 | 552,720 | 609,446 | -56,726 | 1.00 |
| 2025-12-15 | 609,446 | 55,243 | +554,203 | 1.00 |
| 2025-11-28 | 55,243 | 136,181 | -80,938 | 1.12 |
| 2025-11-14 | 136,181 | 104,568 | +31,613 | 1.48 |
| 2025-10-31 | 104,568 | 375,616 | -271,048 | 1.00 |
| 2025-10-15 | 375,616 | 791,705 | -416,089 | 1.00 |
| 2025-09-30 | 791,705 | 9,256 | +782,449 | 1.00 |
Full FINRA short interest reporting calendar