BTC Digital (BTCT) Short Interest Ratio & Short Volume

Short interest is the volume of BTC Digital shares that have been sold short but have not yet been closed out or covered. As of May 31st, traders have sold 441,100 shares of BTCT short. 7.85% of BTC Digital's shares are currently sold short. Learn More on BTC Digital'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. BTCT shares currently have a short interest ratio of 2.0. Learn More on BTC Digital's short interest ratio.

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. 7.85% of BTC Digital's floating shares are currently sold short.

BTC Digital saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 441,100 shares, an increase of 14.3% from the previous total of 385,900 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.

BTC Digital currently has issued a total of 6,434,000 shares. Some of BTC Digital'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. BTC Digital currently has a public float of 5,620,000 shares.

7.85% of BTC Digital's shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to BTC Digital: IF Bancorp, Inc. (0.15%), First Northwest Bancorp (0.24%), United Bancshares, Inc. (0.43%), United Bancorp, Inc. (0.18%), Gryphon Digital Mining, Inc. (6.63%), Bank of South Carolina Co. (0.06%), First US Bancshares, Inc. (0.07%), Auburn National Bancorporation, Inc. (0.22%), Oconee Federal Financial Corp. (0.07%), Pathfinder Bancorp, Inc. (0.14%),

As of the most recent reporting period, the following stocks had the largest short interest positions: SPDR S&P 500 ETF Trust ($64.96 billion), Invesco QQQ ($27.88 billion), iShares Russell 2000 ETF ($19.94 billion), iShares 20+ Year Treasury Bond ETF ($9.69 billion), Strategy Incorporated ($8.58 billion), SPDR S&P Biotech ETF ($5.72 billion), Invesco S&P 500 Equal Weight ETF ($5.45 billion), iShares iBoxx $ Investment Grade Corporate Bond ETF ($4.70 billion), Charter Communications, Inc. ($4.54 billion), and Industrial Select Sector SPDR Fund ($4.49 billion). View all of the most shorted stocks.

Short selling BTCT is an investing strategy that aims to generate trading profit from BTC Digital as its price is falling. BTCT shares are trading down $0.10 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 BTC Digital 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 BTCT, 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 BTCT, twice per month. The most recent reporting period available is May, 31 2025.