AFC Gamma (AFCG) Short Interest Ratio & Short Volume

Short interest is the volume of AFC Gamma shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 618,100 shares of AFCG short. 3.93% of AFC Gamma's shares are currently sold short. Learn More on AFC Gamma'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. AFCG shares currently have a short interest ratio of 5.0. Learn More on AFC Gamma's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of AFC Gamma: PEAK6 Investments LLC, Group One Trading L.P., and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 3.93% of AFC Gamma's floating shares are currently sold short.

AFC Gamma saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 618,100 shares, a decline of 3.4% from the previous total of 639,700 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.

AFC Gamma currently has issued a total of 20,458,000 shares. Some of AFC Gamma'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. AFC Gamma currently has a public float of 15,710,000 shares.

3.93% of AFC Gamma's shares are currently sold short. Here is how the short interest of companies compare to AFC Gamma: Regional Management Corp. (3.10%), Angel Oak Mortgage REIT, Inc. (4.78%), SWK Holdings Co. (0.46%), Maui Land & Pineapple Company, Inc. (1.61%), Consumer Portfolio Services, Inc. (14.25%), Office Properties Income Trust (9.34%), Cango Inc. (0.05%), Five Point Holdings, LLC (0.67%), Qudian Inc. (0.90%), 9F Inc. (0.16%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling AFCG is an investing strategy that aims to generate trading profit from AFC Gamma as its price is falling. AFCG shares are trading up $0.11 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 AFC Gamma 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 AFCG, 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 AFCG, twice per month. The most recent reporting period available is November, 15 2023.