Cambium Networks Short Interest Ratio and Short Volume

-0.27 (-0.45 %)
(As of 04/16/2021 12:00 AM ET)
Today's Range
Now: $59.18
50-Day Range
MA: $49.17
52-Week Range
Now: $59.18
Volume176,700 shs
Average Volume315,357 shs
Market Capitalization$1.54 billion
P/E Ratio219.19
Dividend YieldN/A

Short Interest

Cambium Networks (NASDAQ:CMBM) Short Interest Data

Current Short Volume505,400 shares
Previous Short Volume402,400 shares
Change Vs. Previous Month:+25.60%
Dollar Volume Sold Short$32.81 million
Short Interest Ratio / Days to Cover1.6
Last Record DateMarch, 31 2021
Outstanding Shares25,610,000 shares
Float Size8,580,000 shares
Short Percent of Float5.89%
Today's Trading Volume176,700 shares
Average Trading Volume315,357 shares
Today's Volume Vs. Average-43.97%

Short Interest Over Time

Cambium Networks (NASDAQ:CMBM) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2021505,400 shares $32.81 million +25.6%5.9%1.6 $64.92
3/15/2021402,400 shares $18.46 million +13.7%4.7%1.3 $45.87
2/26/2021354,000 shares $16.18 million +0.2%3.5%0.9 $45.71
2/12/2021353,300 shares $14.94 million -11.4%3.5%0.9 $42.29
1/29/2021398,800 shares $16.06 million +9.1%3.7%1 $40.27
1/15/2021365,400 shares $13.34 million -28.1%3.4%0.9 $36.51
12/31/2020581,000 shares $15.68 million +178.8%6.5%1.7 $26.98
12/15/2020581,000 shares $14.29 million +178.8%6.5%1.7 $24.60
11/30/2020208,400 shares $5.55 million +6.7%3.4%0.7 $26.62
11/15/2020195,300 shares $5.28 million +82.5%3.5%1 $27.06
10/30/2020107,000 shares $2.39 million +12.9%2.0%0.6 $22.34
10/15/202094,800 shares $2.10 million +7.6%1.7%0.7 $22.19
9/30/202088,100 shares $1.57 million +21.4%1.6%0.8 $17.87
9/15/202072,600 shares $1.19 million +31.1%1.3%0.6 $16.46
8/31/202055,400 shares $776,708.00 -20.5%1.0%0.6 $14.02
8/14/202069,700 shares $987,649.00 -18.3%1.3%0.7 $14.17
7/31/202085,300 shares $1.32 million +6.8%1.6%1.2 $15.45
7/15/202079,900 shares $966,790.00 -15.8%1.5%1.2 $12.10
6/30/202094,900 shares $1.20 million +106.8%1.7%1.8 $12.62
6/15/202045,900 shares $304,776.00 +37.4%0.8%1.2 $6.64
5/29/202033,400 shares $229,458.00 +1.5%0.6%1 $6.87
5/15/202032,900 shares $144,102.00 -15.2%0.6%0.9 $4.38
4/30/202038,800 shares $155,200.00 -1.5%0.7%1.1 $4.00
4/15/202039,400 shares $216,700.00 -31.6%0.8%1.2 $5.50
3/31/202057,600 shares $320,832.00 -27.9%1.1%1.6 $5.57

Cambium Networks (NASDAQ:CMBM) Short Interest FAQ

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What is Cambium Networks' current short interest?

Short interest is the volume of Cambium Networks shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 505,400 shares of CMBM short. 5.89% of Cambium Networks' shares are currently sold short. View details.

What is a good short interest ratio for Cambium Networks?

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. Cambium Networks currently has a short interest ratio of 2.0.

What is a good short interest percentage for Cambium Networks?

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. 5.89% of Cambium Networks' floating shares are currently sold short.

Is Cambium Networks' short interest increasing or decreasing?

Cambium Networks saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 505,400 shares, an increase of 25.6% from the previous total of 402,400 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 Cambium Networks' float size?

Cambium Networks currently has issued a total of 26,101,000 shares. Some of Cambium Networks' 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. Cambium Networks currently has a public float of 8,580,000 shares.

How does Cambium Networks' short interest compare to its competitors?

5.89% of Cambium Networks' shares are currently sold short. Here is how the short interest of companies in the industry of "radio & t.v. communications equipment" compare to Cambium Networks: CommScope Holding Company, Inc. (0.00%), Viasat, Inc. (0.00%), Maxar Technologies Inc. (7.39%), EchoStar Co. (10.88%), Vuzix Co. (0.00%), Harmonic Inc. (0.00%), Loral Space & Communications Inc. (3.19%), Casa Systems, Inc. (4.21%), Comtech Telecommunications Corp. (0.00%), and Sierra Wireless, Inc. (1.84%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Cambium Networks stock?

Short selling CMBM is an investing strategy that aims to generate trading profit from Cambium Networks as its price is falling. Cambium Networks' stock is trading down $0.27 today. To short Cambium Networks 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 Cambium Networks 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 Cambium Networks?

A short squeeze for Cambium Networks 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 CMBM, which in turn drives the price of the stock up even further.

How often is Cambium Networks' 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 CMBM, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/19/2021 by Staff
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