Akoustis Technologies Short Interest Ratio and Short Volume

-0.49 (-4.14 %)
(As of 04/19/2021 12:00 AM ET)
Today's Range
Now: $11.36
50-Day Range
MA: $13.14
52-Week Range
Now: $11.36
Volume565,574 shs
Average Volume854,223 shs
Market Capitalization$481.58 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Akoustis Technologies (NASDAQ:AKTS) Short Interest Data

Current Short Volume4,030,000 shares
Previous Short Volume3,620,000 shares
Change Vs. Previous Month:+11.33%
Dollar Volume Sold Short$48.08 million
Short Interest Ratio / Days to Cover4.6
Last Record DateMarch, 31 2021
Outstanding Shares30,060,000 shares
Percentage of Shares Shorted9.51%
Today's Trading Volume565,574 shares
Average Trading Volume854,223 shares
Today's Volume Vs. Average-33.79%

Short Interest Over Time

Akoustis Technologies (NASDAQ:AKTS) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20214,030,000 shares $48.08 million +11.3%N/A4.6 $11.93
3/15/20213,620,000 shares $46.12 million -4.5%N/A3.8 $12.74
2/26/20213,790,000 shares $50.82 million -19.5%N/A3.8 $13.41
2/12/20214,710,000 shares $67.31 million -20.6%N/A4.8 $14.29
1/29/20215,930,000 shares $100.87 million -24.2%N/A6.2 $17.01
1/15/20217,820,000 shares $119.96 million -9.0%N/A9.4 $15.34
12/31/20208,420,000 shares $114.18 million -2.8%N/A12.4 $13.56
12/15/20208,420,000 shares $104.16 million -2.8%N/A12.4 $12.37
11/30/20208,660,000 shares $95.52 million +7.3%N/A17.1 $11.03
11/15/20208,070,000 shares $61.41 million -4.6%N/A17.1 $7.61
10/30/20208,460,000 shares $66.92 million +5.1%N/A18.5 $7.91
10/15/20208,050,000 shares $66.73 million -2.2%N/A18.3 $8.29
9/30/20208,230,000 shares $70.04 million -1.3%N/A18.3 $8.51
9/15/20208,340,000 shares $69.47 million +4.6%N/A16 $8.33
8/31/20207,970,000 shares $60.25 million -0.8%N/A14 $7.56
8/14/20208,030,000 shares $65.36 million -1.7%N/A14.2 $8.14
7/31/20208,170,000 shares $65.85 million -1.6%N/A14.4 $8.06
7/15/20208,300,000 shares $65.90 million +5.5%N/A12.9 $7.94
6/30/20207,870,000 shares $62.57 million +18.4%N/A10.1 $7.95
6/15/20206,650,000 shares $54.66 million +0.2%N/A8.8 $8.22
5/29/20206,640,000 shares $54.98 million -1.6%N/A8.5 $8.28
5/15/20206,750,000 shares $49.88 million No ChangeN/A8.4 $7.39
4/30/20206,750,000 shares $53.39 million +0.5%N/A9.1 $7.91
4/15/20206,720,000 shares $57.05 million +3.7%N/A9.7 $8.49
3/31/20206,480,000 shares $53.07 million -1.6%N/A12.1 $8.19

Akoustis Technologies (NASDAQ:AKTS) Short Interest FAQ

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What is Akoustis Technologies' current short interest?

Short interest is the volume of Akoustis Technologies shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 4,030,000 shares of AKTS short.

What is a good short interest ratio for Akoustis Technologies?

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. Akoustis Technologies currently has a short interest ratio of 5.0.

Is Akoustis Technologies' short interest increasing or decreasing?

Akoustis Technologies saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 4,030,000 shares, an increase of 11.3% from the previous total of 3,620,000 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 Akoustis Technologies' short interest compare to its competitors?

0.00% of Akoustis Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "telephone & telegraph apparatus" compare to Akoustis Technologies: Plantronics, Inc. (0.00%), NETGEAR, Inc. (11.47%), AudioCodes Ltd. (2.24%), ADTRAN, Inc. (2.52%), Clearfield, Inc. (2.68%), DZS Inc. (1.55%), Sunworks, Inc. (8.32%), Altigen Communications, Inc. (0.00%), Communications Systems, Inc. (1.10%), and ClearOne, Inc. (0.59%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Akoustis Technologies stock?

Short selling AKTS is an investing strategy that aims to generate trading profit from Akoustis Technologies as its price is falling. Akoustis Technologies' stock is trading down $0.49 today. To short Akoustis Technologies 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 Akoustis Technologies 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 Akoustis Technologies?

A short squeeze for Akoustis Technologies occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of AKTS, which in turn drives the price of the stock up even further.

How often is Akoustis Technologies' 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 AKTS, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/19/2021 by Staff
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