America First Multifamily Investors Short Interest Ratio and Short Volume

Short interest is the volume of America First Multifamily Investors shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 331,000 shares of ATAX short. 0.57% of America First Multifamily Investors' shares are currently sold short. View details.

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. America First Multifamily Investors currently has a short interest ratio of 1.0.

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. 0.57% of America First Multifamily Investors' floating shares are currently sold short.

America First Multifamily Investors saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 331,000 shares, an increase of 18.9% from the previous total of 278,400 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.

America First Multifamily Investors currently has issued a total of 60,691,000 shares. Some of America First Multifamily Investors' 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. America First Multifamily Investors currently has a public float of 58,450,000 shares.

0.57% of America First Multifamily Investors' shares are currently sold short. Here is how the short interest of companies in the industry of "nondepository credit institutions" compare to America First Multifamily Investors: Sprott Inc. (0.68%), Blucora, Inc. (2.78%), Oportun Financial Co. (0.97%), CURO Group Holdings Corp. (3.37%), Qudian Inc. (0.00%), Jiayin Group Inc. (0.00%), Yiren Digital Ltd. (0.00%), Mogo Inc. (2.18%), 9F Inc. (1.63%), and CNFinance Holdings Limited (0.00%).

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.

Short selling ATAX is an investing strategy that aims to generate trading profit from America First Multifamily Investors as its price is falling. America First Multifamily Investors' stock is trading down $0.04 today. To short America First Multifamily Investors 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 America First Multifamily Investors 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 America First Multifamily Investors 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 ATAX, 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 ATAX, twice per month. The most recent reporting period available is March, 31 2021.