Silver Spike Investment (SSIC) Short Interest Ratio & Short Volume

Short interest is the volume of Silver Spike Investment shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 17,500 shares of SSIC short. 1.03% of Silver Spike Investment's shares are currently sold short. Learn More on Silver Spike Investment's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. SSIC shares currently have a short interest ratio of 1.0. Learn More on Silver Spike Investment's short interest ratio.

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. 1.03% of Silver Spike Investment's floating shares are currently sold short.

Silver Spike Investment saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 17,500 shares, an increase of 307.0% from the previous total of 4,300 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.

Silver Spike Investment currently has issued a total of 6,210,000 shares. Some of Silver Spike Investment'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. Silver Spike Investment currently has a public float of 1,700,000 shares.

1.03% of Silver Spike Investment's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Silver Spike Investment: MoneyHero Limited (5.14%), Old Point Financial Co. (0.08%), The Gabelli Convertible and Income Securities Fund Inc. (0.12%), Territorial Bancorp Inc. (0.52%), Creative Media & Community Trust Co. (0.40%), United Bancorp, Inc. (0.09%), Magyar Bancorp, Inc. (0.06%), Cullman Bancorp, Inc. (0.09%), Auburn National Bancorporation, Inc. (0.22%), DTF Tax-Free Income 2028 Term Fund Inc. (0.04%),

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 SSIC is an investing strategy that aims to generate trading profit from Silver Spike Investment as its price is falling. SSIC shares are trading down $0.02 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 Silver Spike Investment 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 SSIC, 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 SSIC, twice per month. The most recent reporting period available is April, 30 2024.