Datable Technology (TTMZF) Short Interest Ratio & Short Volume

Short interest is the volume of Datable Technology shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 400 shares of TTMZF short. Learn More on Datable Technology'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. TTMZF shares currently have a short interest ratio of 2.0. Learn More on Datable Technology's short interest ratio.

Here is how the short interest of companies in the sector of "business services" compare to Datable Technology: Movella Holdings Inc. (2.14%), Touchpoint Group Holdings, Inc. (0.00%), Innovaro, Inc. (0.01%), E-Home Household Service Holdings Limited (5.22%), AiAdvertising, Inc. (0.00%), SMX (Security Matters) Public Limited (5.83%), RocketFuel Blockchain, Inc. (0.01%), CMG Holdings Group, Inc. (0.02%), GBT Technologies Inc. (0.01%), SaverOne 2014 Ltd. (4.80%),

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 TTMZF is an investing strategy that aims to generate trading profit from Datable Technology as its price is falling. 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 Datable Technology 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 TTMZF, 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 TTMZF, twice per month. The most recent reporting period available is April, 30 2024.