BurgerFi International Short Interest Ratio and Short Volume

-0.92 (-6.15 %)
(As of 04/14/2021 12:00 AM ET)
Today's Range
Now: $14.05
50-Day Range
MA: $15.06
52-Week Range
Now: $14.05
Volume892,877 shs
Average Volume476,543 shs
Market Capitalization$110.48 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

BurgerFi International (NASDAQ:BFI) Short Interest Data

Current Short Volume1,150,000 shares
Previous Short Volume926,900 shares
Change Vs. Previous Month:+24.07%
Dollar Volume Sold Short$17.15 million
Short Interest Ratio / Days to Cover2.4
Last Record DateMarch, 31 2021
Outstanding Shares7,863,000 shares
Float Size9,130,000 shares
Short Percent of Float12.60%
Today's Trading Volume892,877 shares
Average Trading Volume476,543 shares
Today's Volume Vs. Average87.37%

Short Interest Over Time

BurgerFi International (NASDAQ:BFI) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20211,150,000 shares $17.15 million +24.1%12.6%2.4 $14.91
3/15/2021926,900 shares $14.49 million -6.8%23.1%2 $15.63
2/26/2021994,300 shares $14.24 million +5.4%24.7%2.1 $14.32
2/12/2021943,500 shares $13.95 million +41.5%23.4%2.2 $14.79
1/29/2021666,600 shares $10.11 million +4.0%16.5%1.8 $15.16
1/15/2021640,800 shares $8.38 million No Change15.9%2.1 $13.08

BurgerFi International (NASDAQ:BFI) Short Interest FAQ

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What is BurgerFi International's current short interest?

Short interest is the volume of BurgerFi International shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 1,150,000 shares of BFI short. 12.60% of BurgerFi International's shares are currently sold short. View details.

What is a good short interest ratio for BurgerFi International?

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. BurgerFi International currently has a short interest ratio of 2.0.

What is a good short interest percentage for BurgerFi International?

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. 12.60% of BurgerFi International's floating shares are currently sold short.

Is BurgerFi International's short interest increasing or decreasing?

BurgerFi International saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,150,000 shares, an increase of 24.1% from the previous total of 926,900 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.

What is BurgerFi International's float size?

BurgerFi International currently has issued a total of 7,863,000 shares. Some of BurgerFi International'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. BurgerFi International currently has a public float of 9,130,000 shares.

How does BurgerFi International's short interest compare to its competitors?

12.60% of BurgerFi International's shares are currently sold short. Here is how the short interest of companies in the industry of "eating places" compare to BurgerFi International: Del Taco Restaurants, Inc. (1.53%), Fiesta Restaurant Group, Inc. (5.71%), Biglari Holdings Inc. (1.66%), Carrols Restaurant Group, Inc. (3.52%), LiveXLive Media, Inc. (0.00%), Kura Sushi USA, Inc. (6.81%), Nathan's Famous, Inc. (1.93%), The ONE Group Hospitality, Inc. (0.59%), Potbelly Co. (6.20%), and J. Alexander's Holdings, Inc. (0.96%).

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 BurgerFi International stock?

Short selling BFI is an investing strategy that aims to generate trading profit from BurgerFi International as its price is falling. BurgerFi International's stock is trading down $0.92 today. To short BurgerFi International 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 BurgerFi International 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 BurgerFi International?

A short squeeze for BurgerFi International 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 BFI, which in turn drives the price of the stock up even further.

How often is BurgerFi International'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 BFI, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/15/2021 by Staff
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