Capstone Green Energy (CGRN) Short Interest Ratio & Short Volume

Short interest is the volume of Capstone Green Energy shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 492,900 shares of CGRN short. 2.86% of Capstone Green Energy's shares are currently sold short. Learn More on Capstone Green Energy'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. CGRN shares currently have a short interest ratio of 5.0. Learn More on Capstone Green Energy'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. 2.86% of Capstone Green Energy's floating shares are currently sold short.

Capstone Green Energy saw a increase in short interest in September. As of September 15th, there was short interest totaling 492,900 shares, an increase of 4.4% from the previous total of 472,000 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.

Capstone Green Energy currently has issued a total of 18,250,000 shares. Some of Capstone Green Energy'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. Capstone Green Energy currently has a public float of 17,240,000 shares.

2.86% of Capstone Green Energy's shares are currently sold short. Here is how the short interest of companies compare to Capstone Green Energy: Cummins Inc. (1.50%), BWX Technologies, Inc. (2.02%), Brunswick Co. (5.73%), China Yuchai International Limited (2.25%), TPI Composites, Inc. (23.75%), Westport Fuel Systems Inc. (4.16%), Recon Technology, Ltd. (0.55%), BP Prudhoe Bay Royalty Trust (10.84%), Mesa Royalty Trust (0.09%), Brenmiller Energy Ltd (2.27%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling CGRN is an investing strategy that aims to generate trading profit from Capstone Green Energy 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 Capstone Green Energy 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 CGRN, 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 CGRN, twice per month. The most recent reporting period available is September, 15 2023.