S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NASDAQ:CASA

Casa Systems Short Interest Ratio and Short Volume

$7.58
-0.04 (-0.52 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$7.07
Now: $7.58
$7.81
50-Day Range
$7.62
MA: $8.53
$10.64
52-Week Range
$1.85
Now: $7.58
$13.15
Volume825,419 shs
Average Volume802,512 shs
Market Capitalization$636.80 million
P/E RatioN/A
Dividend YieldN/A
Beta1.2

Short Interest

Casa Systems (NASDAQ:CASA) Short Interest Data

Current Short Volume1,380,000 shares
Previous Short Volume1,810,000 shares
Change Vs. Previous Month:-23.76%
Dollar Volume Sold Short$11.33 million
Short Interest Ratio / Days to Cover2.2
Last Record DateFebruary, 12 2021
Outstanding Shares83,830,000 shares
Float Size30,000,000 shares
Short Percent of Float4.60%
Today's Trading Volume825,419 shares
Average Trading Volume802,512 shares
Today's Volume Vs. Average2.85%

Short Interest Over Time


Casa Systems (NASDAQ:CASA) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/20211,380,000 shares $11.33 million -23.8%4.6%2.2 $8.21
1/29/20211,810,000 shares $16.45 million -22.7%6.0%5.4 $9.09
1/15/20212,340,000 shares $19.00 million +0.4%7.8%6.6 $8.12
12/31/20202,220,000 shares $14.85 million -5.5%7.3%7.5 $6.69
12/15/20202,220,000 shares $14.07 million -5.5%7.3%7.5 $6.34
11/30/20202,350,000 shares $15.42 million +4.9%7.8%7.7 $6.56
11/15/20202,240,000 shares $11.89 million -4.3%7.4%8.2 $5.31
10/30/20202,340,000 shares $10.86 million +9.4%7.8%8.6 $4.64
10/15/20202,140,000 shares $9.74 million +3.9%7.1%7.2 $4.55
9/30/20202,060,000 shares $8.86 million -1.0%6.9%6.8 $4.30
9/15/20202,080,000 shares $7.86 million +11.2%6.9%6.5 $3.78
8/31/20201,870,000 shares $8.19 million -7.9%6.2%5.8 $4.38
8/14/20202,030,000 shares $9.54 million +44.0%6.8%6.5 $4.70
7/31/20201,410,000 shares $7.35 million -25.0%5.2%4.3 $5.21
7/15/20201,880,000 shares $10.55 million -22.3%6.9%5.5 $5.61
6/30/20202,420,000 shares $11.64 million +10.0%8.9%6.9 $4.81
6/15/20202,200,000 shares $9.50 million +7.3%8.1%5.6 $4.32
5/29/20202,050,000 shares $8.10 million -18.7%7.5%4.5 $3.95
5/15/20202,520,000 shares $10.96 million +14.0%9.2%5.1 $4.35
4/30/20202,210,000 shares $9.72 million -14.3%7.8%4.1 $4.40
4/15/20202,580,000 shares $10.14 million +5.3%9.0%3.9 $3.93
3/31/20202,450,000 shares $11.42 million +14.2%8.7%3.6 $4.66
3/13/20202,145,200 shares $8.60 million -1.1%7.6%3.9 $4.01
2/28/20202,170,000 shares $5.71 million -3.6%7.7%3.2 $2.63
2/14/20202,250,000 shares $5.40 million No Change7.9%3.4 $2.40

Casa Systems (NASDAQ:CASA) Short Interest FAQ

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What is Casa Systems' current short interest?

Short interest is the volume of Casa Systems shares that have been sold short but have not yet been closed out or covered. As of February 12th, investors have sold 1,380,000 shares of CASA short. 4.60% of Casa Systems' shares are currently sold short. View details.

What is a good short interest ratio for Casa Systems?

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. Casa Systems currently has a short interest ratio of 2.0.

What is a good short interest percentage for Casa Systems?

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. 4.60% of Casa Systems' floating shares are currently sold short.

Is Casa Systems' short interest increasing or decreasing?

Casa Systems saw a decrease in short interest in February. As of February 12th, there was short interest totaling 1,380,000 shares, a decrease of 23.8% from the previous total of 1,810,000 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 Casa Systems' float size?

Casa Systems currently has issued a total of 84,010,000 shares. Some of Casa Systems' 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. Casa Systems currently has a public float of 30,000,000 shares.

How does Casa Systems' short interest compare to its competitors?

4.60% of Casa Systems' shares are currently sold short. Here is how the short interest of companies in the industry of "radio & t.v. communications equipment" compare to Casa Systems: Cambium Networks Co. (3.54%), Loral Space & Communications Inc. (3.40%), Vuzix Co. (0.00%), Harmonic Inc. (0.00%), Comtech Telecommunications Corp. (0.00%), Gilat Satellite Networks Ltd. (4.29%), Sierra Wireless, Inc. (1.75%), CalAmp Corp. (0.00%), Ceragon Networks Ltd. (4.19%), and Aviat Networks, Inc. (0.87%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Casa Systems stock?

Short selling CASA is an investing strategy that aims to generate trading profit from Casa Systems as its price is falling. Casa Systems' stock is trading down $0.04 today. To short Casa Systems 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 Casa Systems 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 Casa Systems?

A short squeeze for Casa Systems 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 CASA, which in turn drives the price of the stock up even further.

How often is Casa Systems' 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 CASA, twice per month. The most recent reporting period available is February, 12 2021.



This page was last updated on 3/6/2021 by MarketBeat.com Staff

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