LexinFintech (LX) Short Interest Ratio & Short Volume

Short interest is the volume of LexinFintech shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 412,900 shares of LX short. 0.32% of LexinFintech's shares are currently sold short. Learn More on LexinFintech's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.32% of LexinFintech's floating shares are currently sold short.

LexinFintech saw a decline in short interest in May. As of May 15th, there was short interest totaling 412,900 shares, a decline of 29.1% from the previous total of 582,100 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

LexinFintech currently has issued a total of 164,130,000 shares. Some of LexinFintech's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. LexinFintech currently has a public float of 128,400,000 shares.

0.32% of LexinFintech's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to LexinFintech: HIVE Digital Technologies Ltd. (3.71%), Greystone Housing Impact Investors LP (0.10%), MDB Capital Holdings, LLC (0.00%), Security National Financial Co. (0.59%), X Financial (0.00%), Medallion Financial Corp. (6.03%), Runway Growth Finance Corp. (3.60%), Oportun Financial Co. (0.74%), Bitcoin Depot Inc. (5.94%), CNFinance Holdings Limited (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling LX is an investing strategy that aims to generate trading profit from LexinFintech as its price is falling. LX shares are trading down $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for LexinFintech occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of LX, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including LX, twice per month. The most recent reporting period available is May, 15 2024.