Borqs Technologies (BRQS) Short Interest Ratio & Short Volume

Short interest is the volume of Borqs Technologies shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 25,300 shares of BRQS short. 0.28% of Borqs Technologies' shares are currently sold short. Learn More on Borqs Technologies' current short interest.

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. 0.28% of Borqs Technologies' floating shares are currently sold short.

Borqs Technologies saw a decline in short interest in the month of October. As of October 15th, there was short interest totaling 25,300 shares, a decline of 46.1% from the previous total of 46,900 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.

Borqs Technologies currently has issued a total of 4,763,000 shares. Some of Borqs Technologies' 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. Borqs Technologies currently has a public float of 8,880,000 shares.

0.28% of Borqs Technologies' shares are currently sold short. Here is how the short interest of companies compare to Borqs Technologies: AERWINS Technologies Inc. (2.39%), Recruiter.com Group, Inc. (1.94%), Peraso Inc. (4.92%), Agrify Co. (1.64%), Earlyworks Co., Ltd (4.48%), Staffing 360 Solutions, Inc. (1.04%), E-Home Household Service Holdings Limited (3.23%), Netcapital Inc. (1.96%), Nukkleus Inc. (8.48%), SaverOne 2014 Ltd (6.13%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.82 billion), T-Mobile US, Inc. ($3.69 billion), Occidental Petroleum Co. ($2.90 billion), TC Energy Co. ($2.74 billion), Tractor Supply ($2.28 billion), Rivian Automotive, Inc. ($1.92 billion), Moderna, Inc. ($1.77 billion), Celsius Holdings, Inc. ($1.72 billion), Coinbase Global, Inc. ($1.66 billion), and Royal Caribbean Cruises Ltd. ($1.65 billion). View all of the most shorted stocks.

Short selling BRQS is an investing strategy that aims to generate trading profit from Borqs Technologies as its price is falling. 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 Borqs Technologies 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 BRQS, 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 BRQS, twice per month. The most recent reporting period available is October, 15 2023.