NASDAQ:ABST Absolute Software - ABST Short Interest Ratio & Short Volume Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Absolute Software Co. Please log in to your account or sign up in order to add this asset to your watchlist. $11.76 +0.04 (+0.34%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$11.64▼$11.8350-Day Range$9.32▼$11.7652-Week Range$6.79▼$12.59Volume29,494 shsAverage Volume63,978 shsMarket Capitalization$620.22 millionP/E RatioN/ADividend Yield2.00%Price Target$16.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Absolute Software Short Interest DataCurrent Short Volume1,310,000 sharesPrevious Short Volume1,250,000 sharesChange Vs. Previous Month+4.80%Dollar Volume Sold Short$14.58 millionShort Interest Ratio / Days to Cover12.7Last Record DateJanuary 15, 2023Outstanding Shares52,740,000 sharesPercentage of Shares Shorted2.48%Today's Trading Volume29,494 sharesAverage Trading Volume63,978 sharesToday's Volume Vs. Average-53.90% Short Selling Absolute Software ? Sign up to receive the latest short interest report for Absolute Software and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatABST Short Interest Over TimeABST Days to Cover Over TimeABST Percentage of Float Shorted Over Time Absolute Software (NASDAQ:ABST) Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 1/15/20231,310,000 shares $14.58 million +4.8%N/A12.7 $11.13 12/30/20221,250,000 shares $13.05 million -3.1%N/A12.1 $10.44 12/15/20221,290,000 shares $12.96 million -0.8%N/A11.7 $10.05 11/30/20221,300,000 shares $12.60 million +3.2%N/A11.5 $9.69 11/15/20221,260,000 shares $12.01 million +9.6%N/A9.8 $9.53 10/31/20221,150,000 shares $13.81 million +1.8%N/A11.5 $12.01 10/15/20221,130,000 shares $12.46 million +0.9%N/A12.7 $11.03 9/30/20221,120,000 shares $13.00 million -5.9%N/A14 $11.61 9/15/20221,190,000 shares $12.90 million +5.3%N/A16.3 $10.84 8/31/20221,130,000 shares $12.20 million -1.7%N/A16.5 $10.80 8/15/20221,150,000 shares $12.26 million -8.7%N/A19.2 $10.66 7/31/20221,260,000 shares $11.66 million -5.3%N/A15 $9.25 7/15/20221,330,000 shares $11.15 million -3.6%N/A13.7 $8.38 6/30/20221,380,000 shares $11.94 million -3.5%N/A13.7 $8.65 6/15/20221,430,000 shares $11.48 million -5.9%N/A14 $8.03 5/31/20221,520,000 shares $14.14 million -3.8%N/A13.2 $9.30 5/15/20221,580,000 shares $13.19 million +7.5%N/A13.5 $8.35 4/30/20221,470,000 shares $11.32 million +3.5%N/A14.1 $7.70 4/15/20221,420,000 shares $11.49 million +4.4%N/A13.2 $8.09 3/31/20221,360,000 shares $11.53 million +28.3%N/A10.5 $8.48 3/15/20221,060,000 shares $8.15 million -7.0%N/A7.5 $7.69 2/28/20221,140,000 shares $10.33 million +0.9%N/A7.9 $9.06 2/15/20221,130,000 shares $10.85 million -3.4%N/A6.5 $9.60 1/31/20221,170,000 shares $9.42 million +17.8%2.4%5.7 $8.05 1/15/2022993,300 shares $8.03 million +21.3%2.0%5.1 $8.08 12/31/2021819,100 shares $7.71 million +32.7%1.7%4.7 $9.41 12/15/2021617,200 shares $5.42 million +92.8%1.3%3.5 $8.78 11/30/2021320,200 shares $2.83 million -10.8%0.7%2 $8.85 11/15/2021359,100 shares $3.52 million +31.7%0.7%2.7 $9.80 10/29/2021272,600 shares $3.06 million +14.4%0.6%2.6 $11.24 10/15/2021238,200 shares $2.73 million -10.1%0.5%2.4 $11.44 9/30/2021264,800 shares $2.91 million +33.9%0.5%2.8 $10.99 9/15/2021197,800 shares $2.31 million -7.1%0.4%2.6 $11.69 8/31/2021212,800 shares $2.60 million -44.5%0.4%2.6 $12.24 8/13/2021383,400 shares $4.42 million +68.4%0.8%4.2 $11.54 7/30/2021227,700 shares $3.12 million -7.5%0.5%2.8 $13.70 7/15/2021246,100 shares $3.36 million -37.6%0.5%2.8 $13.67 6/30/2021394,400 shares $5.71 million -33.1%0.8%4.1 $14.48 6/15/2021589,200 shares $8.38 million -18.3%1.3%5.6 $14.23 5/28/2021720,700 shares $10.02 million -20.0%1.5%6.9 $13.90 ABST Short Interest - Frequently Asked Questions What is Absolute Software's current short interest? Short interest is the volume of Absolute Software shares that have been sold short but have not yet been closed out or covered. As of January 15th, investors have sold 1,310,000 shares of ABST short. Learn More on Absolute Software's current short interest. What is a good short interest ratio for Absolute Software? 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. ABST shares currently have a short interest ratio of 13.0. Learn More on Absolute Software's short interest ratio. Which institutional investors are shorting Absolute Software? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Absolute Software: Parallax Volatility Advisers L.P., and Parallax Volatility Advisers L.P.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. Is Absolute Software's short interest increasing or decreasing? Absolute Software saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,310,000 shares, an increase of 4.8% from the previous total of 1,250,000 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. How does Absolute Software's short interest compare to its competitors? Here is how the short interest of companies in the sector of "computer and technology" compare to Absolute Software: AudioCodes Ltd. (0.32%), Transcat, Inc. (2.55%), Allied Motion Technologies Inc. (1.01%), Novonix Limited (0.12%), trivago (0.17%), Navitas Semiconductor Co. (9.49%), Vishay Precision Group, Inc. (0.83%), Ebix, Inc. (20.71%), ACM Research, Inc. (5.28%), and SecureWorks Corp. (1.84%). Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.43 billion), T. Rowe Price Group, Inc. ($2.26 billion), Coinbase Global, Inc. ($2.19 billion), Etsy, Inc. ($1.78 billion), Paramount Global ($1.77 billion), Old Dominion Freight Line, Inc. ($1.69 billion), United Rentals, Inc. ($1.53 billion), American Airlines Group Inc. ($1.52 billion), PG&E Co. ($1.48 billion), and Voya Financial, Inc. ($1.47 billion). View all of the most shorted stocks. What does it mean to sell short Absolute Software stock? Short selling ABST is an investing strategy that aims to generate trading profit from Absolute Software as its price is falling. ABST shares are trading up $0.04 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. How does a short squeeze work against Absolute Software? A short squeeze for Absolute Software 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 ABST, which in turn drives the price of the stock up even further. How often is Absolute Software's short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ABST, twice per month. The most recent reporting period available is January, 15 2023. More Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:ABST) was last updated on 1/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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