China Techfaith Wireless Comm. Tech. (CNTF) Short Interest Ratio & Short Volume

Short interest is the volume of China Techfaith Wireless Comm. Tech. shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 800 shares of CNTF short. 0.04% of China Techfaith Wireless Comm. Tech.'s shares are currently sold short. Learn More on China Techfaith Wireless Comm. Tech.'s current short interest.

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. 0.04% of China Techfaith Wireless Comm. Tech.'s floating shares are currently sold short.

China Techfaith Wireless Comm. Tech. saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 800 shares, a drop of 27.3% from the previous total of 1,100 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.

China Techfaith Wireless Comm. Tech. currently has issued a total of 10,590,000 shares. Some of China Techfaith Wireless Comm. Tech.'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. China Techfaith Wireless Comm. Tech. currently has a public float of 2,113,500 shares.

0.04% of China Techfaith Wireless Comm. Tech.'s shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to China Techfaith Wireless Comm. Tech.: Lytus Technologies Holdings PTV. Ltd. (2.70%), SCWorx Corp. (1.68%), Taoping Inc. (14.60%), My Size, Inc. (1.25%), Sigma Additive Solutions, Inc. (1.23%), BIO-key International, Inc. (0.51%), Siyata Mobile Inc. (5.43%), UTime Limited (1.26%), Cemtrex, Inc. (1.42%), Versus Systems Inc. (0.43%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Harris Co. ($2.05 billion), Tableau Software Inc ($698.98 million), GDS Holdings Limited ($419.61 million), Ziff Davis, Inc. ($386.60 million), Bemis Company, Inc. ($289.94 million), Ensco Rowan PLC ($284.40 million), YETI Holdings, Inc. ($261.49 million), Chemical Financial Co. ($186.31 million), Luxoft Holding Inc ($111.64 million), and Electronics For Imaging, Inc. ($89.04 million). View all of the most shorted stocks.

Short selling CNTF is an investing strategy that aims to generate trading profit from China Techfaith Wireless Comm. Tech. 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 China Techfaith Wireless Comm. Tech. 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 CNTF, 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 CNTF, twice per month. The most recent reporting period available is May, 15 2019.