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Bitdeer Technologies Group (BTDR) Short Interest Ratio & Short Volume

$10.03
+0.83 (+9.02%)
(As of 04:29 PM ET)

Bitdeer Technologies Group Short Interest Data

Current Short Interest
1,860,000 shares
Previous Short Interest
1,740,000 shares
Change Vs. Previous Month
+6.90%
Dollar Volume Sold Short
$11.40 million
Short Interest Ratio
1.8 Days to Cover
Last Record Date
May 31, 2024
Outstanding Shares
111,970,000 shares
Float Size
13,500,000 shares
Short Percent of Float
13.78%
Today's Trading Volume
4,896,322 shares
Average Trading Volume
1,536,539 shares
Today's Volume Vs. Average
319%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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BTDR Short Interest Over Time

BTDR Days to Cover Over Time

BTDR Percentage of Float Shorted Over Time

Bitdeer Technologies Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/31/20241,860,000 shares $11.40 million +6.9%13.8%1.8 $6.13
5/15/20241,740,000 shares $9.85 million No Change5.4%1.4 $5.66
4/30/20241,740,000 shares $9.55 million -1.1%5.9%1.1 $5.49
4/15/20241,760,000 shares $9.94 million -21.4%6.0%1 $5.65
3/31/20242,240,000 shares $15.72 million +28.0%8.2%1.2 $7.02
3/15/20241,750,000 shares $14 million +29.6%6.5%0.8 $8.00
2/29/20241,350,000 shares $8.94 million +14.4%5.0%0.7 $6.62
2/15/20241,180,000 shares $8.84 million -25.3%4.3%0.6 $7.49
1/31/20241,580,000 shares $12.94 million +23.4%7.0%1 $8.19
1/15/20241,280,000 shares $7.87 million -27.7%6.0%0.9 $6.15
12/31/20231,770,000 shares $17.45 million +107.0%8.3%1.4 $9.86
12/15/2023855,200 shares $6.76 million +0.8%4.0%1 $7.90
11/30/2023848,200 shares $3.82 million -7.3%4.0%1.6 $4.50
11/15/2023914,800 shares $3.92 million +13.4%4.3%2.4 $4.28
10/31/2023806,500 shares $3.02 million +53.4%3.8%2.8 $3.74
10/15/2023525,800 shares $2.37 million +139.3%2.4%2.9 $4.50
9/30/2023219,700 shares $2.12 million +82.2%1.0%2.1 $9.64
9/15/2023120,600 shares $1.57 million +46.9%0.6%1.3 $13.00
8/31/202382,100 shares $1.11 million -18.2%0.4%0.8 $13.55
8/15/2023100,300 shares $1.36 million +14.0%0.5%1.1 $13.51
7/31/202388,000 shares $916,960.00 -24.7%0.3%1.2 $10.42
7/15/2023116,900 shares $1.64 million +7.9%0.4%1.5 $14.01
6/30/2023108,300 shares $1.21 million +62.4%0.4%1 $11.20
6/15/202366,700 shares $504,252.00 -0.9%0.3%0.6 $7.56
5/31/202367,300 shares $331,116.00 +33.0%0.3%0.9 $4.92
5/15/202350,600 shares $280,830.00 No Change0.1%0.7 $5.55

BTDR Short Interest - Frequently Asked Questions

What is Bitdeer Technologies Group's current short interest?

Short interest is the volume of Bitdeer Technologies Group shares that have been sold short but have not yet been covered or closed out. As of May 31st, investors have sold 1,860,000 shares of BTDR short. 13.78% of Bitdeer Technologies Group's shares are currently sold short. Learn More on Bitdeer Technologies Group's current short interest.

What is a good short interest ratio for Bitdeer Technologies Group?

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. BTDR shares currently have a short interest ratio of 2.0. Learn More on Bitdeer Technologies Group's short interest ratio.

Which institutional investors are shorting Bitdeer Technologies Group?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Bitdeer Technologies Group: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Bitdeer Technologies Group?

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. 13.78% of Bitdeer Technologies Group's floating shares are currently sold short.

Is Bitdeer Technologies Group's short interest increasing or decreasing?

Bitdeer Technologies Group saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 1,860,000 shares, an increase of 6.9% from the previous total of 1,740,000 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 Bitdeer Technologies Group's float size?

Bitdeer Technologies Group currently has issued a total of 111,970,000 shares. Some of Bitdeer Technologies Group'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. Bitdeer Technologies Group currently has a public float of 13,500,000 shares.

How does Bitdeer Technologies Group's short interest compare to its competitors?

13.78% of Bitdeer Technologies Group's shares are currently sold short. Here is how the short interest of companies in the industry of "nondepository credit institutions" compare to Bitdeer Technologies Group: Walker & Dunlop, Inc. (3.80%), Qifu Technology, Inc. (2.12%), Riot Platforms, Inc. (17.36%), Iris Energy Limited (2.19%), Upstart Holdings, Inc. (34.12%), Cipher Mining Inc. (9.72%), TeraWulf Inc. (9.87%), Perella Weinberg Partners (3.21%), Lufax Holding Ltd (1.71%), Bitfarms Ltd. (8.86%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.43 billion), Charter Communications, Inc. ($3.54 billion), Occidental Petroleum Co. ($3.11 billion), Moderna, Inc. ($2.88 billion), General Motors ($2.62 billion), Royal Caribbean Cruises Ltd. ($2.34 billion), Coinbase Global, Inc. ($2.25 billion), Tractor Supply ($2.12 billion), Dell Technologies Inc. ($1.89 billion), and Enphase Energy, Inc. ($1.72 billion). View all of the most shorted stocks.

What does it mean to sell short Bitdeer Technologies Group stock?

Short selling BTDR is an investing strategy that aims to generate trading profit from Bitdeer Technologies Group as its price is falling. BTDR shares are trading up $0.83 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.

How does a short squeeze work against Bitdeer Technologies Group?

A short squeeze for Bitdeer Technologies Group 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 BTDR, which in turn drives the price of the stock up even further.

How often is Bitdeer Technologies Group'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 BTDR, twice per month. The most recent reporting period available is May, 31 2024.



This page (NASDAQ:BTDR) was last updated on 6/25/2024 by MarketBeat.com Staff

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