Ostin Technology Group (OST) Short Interest Ratio & Short Volume

Short interest is the volume of Ostin Technology Group shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 41,000 shares of OST short. 0.46% of Ostin Technology Group's shares are currently sold short. Learn More on Ostin Technology Group'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. 0.46% of Ostin Technology Group's floating shares are currently sold short.

Ostin Technology Group saw a decrease in short interest in April. As of April 30th, there was short interest totaling 41,000 shares, a decrease of 37.3% from the previous total of 65,400 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.

Ostin Technology Group currently has issued a total of 14,810,000 shares. Some of Ostin Technology Group'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. Ostin Technology Group currently has a public float of 8,940,000 shares.

0.46% of Ostin Technology Group's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Ostin Technology Group: CalAmp Corp. (4.67%), Remark Holdings, Inc. (12.74%), WiSA Technologies, Inc. (19.09%), VS MEDIA Holdings Limited (0.83%), Grom Social Enterprises, Inc. (0.84%), Senmiao Technology Limited (3.14%), WaveDancer, Inc. (0.89%), Collective Audience, Inc. (3.70%), Amesite Inc. (15.89%), DatChat, Inc. (4.20%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling OST is an investing strategy that aims to generate trading profit from Ostin Technology Group as its price is falling. OST 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 Ostin Technology Group occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of OST, 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 OST, twice per month. The most recent reporting period available is April, 30 2024.