Sphere 3D (ANY) Short Interest Ratio & Short Volume

Short interest is the volume of Sphere 3D shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 667,400 shares of ANY short. 3.98% of Sphere 3D's shares are currently sold short. Learn More on Sphere 3D'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. ANY shares currently have a short interest ratio of 1.0. Learn More on Sphere 3D's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Sphere 3D: 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. 3.98% of Sphere 3D's floating shares are currently sold short.

Sphere 3D saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 667,400 shares, an increase of 14.6% from the previous total of 582,300 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.

Sphere 3D currently has issued a total of 17,800,000 shares. Some of Sphere 3D'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. Sphere 3D currently has a public float of 16,760,000 shares.

3.98% of Sphere 3D's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Sphere 3D: Mawson Infrastructure Group Inc. (5.65%), Senmiao Technology Limited (3.15%), Smith Micro Software, Inc. (9.87%), SEALSQ Corp (6.41%), Aurora Mobile Limited (0.63%), Meta Materials Inc. (11.72%), Wetouch Technology Inc. (0.00%), HeartCore Enterprises, Inc. (1.33%), Datasea Inc. (3.68%), TSR, Inc. (1.10%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling ANY is an investing strategy that aims to generate trading profit from Sphere 3D as its price is falling. ANY shares are trading up $0.07 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 Sphere 3D 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 ANY, 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 ANY, twice per month. The most recent reporting period available is March, 31 2024.