Coinbase Global - COIN Short Interest Ratio & Short Volume

Short interest is the volume of Coinbase Global shares that have been sold short but have not yet been closed out or covered. As of February 28th, investors have sold 34,700,000 shares of COIN short. 22.65% of Coinbase Global's shares are currently sold short. Learn More on Coinbase Global'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. COIN shares currently have a short interest ratio of 2.0. Learn More on Coinbase Global's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Coinbase Global: Parallax Volatility Advisers L.P., Natixis, Truist Financial Corp, Jane Street Group LLC, Belvedere Trading LLC, Schonfeld Strategic Advisors LLC, Sculptor Capital LP, Squarepoint Ops LLC, Millennium Management LLC, Marathon Trading Investment Management LLC, Nomura Holdings Inc., Bluefin Capital Management LLC, Centiva Capital LP, Jefferies Financial Group Inc., Point72 Asset Management L.P., Baader Bank Aktiengesellschaft, Susquehanna International Group LLP, Two Sigma Investments LP, Clear Street Markets LLC, Natixis, Barclays PLC, Levin Capital Strategies L.P., Capital Fund Management S.A., JPMorgan Chase & Co., Bank of America Corp DE, Creative Planning, TCG Advisory Services LLC, Capstone Investment Advisors LLC, Optiver Holding B.V., Advisor Group Holdings Inc., Group One Trading L.P., IMC Chicago LLC, HighTower Advisors LLC, UBS Group AG, SpiderRock Advisors LLC, Cutler Group LLC CA, Bank of Montreal Can, Wolverine Asset Management LLC, Concourse Financial Group Securities Inc., Congress Park Capital LLC, Strategic Blueprint LLC, National Bank of Canada FI, XR Securities LLC, and XR Securities LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 22.65% of Coinbase Global's floating shares are currently sold short.

Coinbase Global saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 34,700,000 shares, an increase of 4.5% from the previous total of 33,220,000 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.

Coinbase Global currently has issued a total of 231,470,000 shares. Some of Coinbase Global'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. Coinbase Global currently has a public float of 153,220,000 shares.

22.65% of Coinbase Global's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Coinbase Global: Synchrony Financial (3.63%), Fifth Third Bancorp (1.97%), Invitation Homes Inc. (2.92%), Principal Financial Group, Inc. (2.80%), Ventas, Inc. (2.35%), Cincinnati Financial Co. (2.17%), Northern Trust Co. (1.79%), Banco Santander (Brasil) S.A. (0.25%), Tradeweb Markets Inc. (1.21%), and Markel Co. (0.58%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling COIN is an investing strategy that aims to generate trading profit from Coinbase Global as its price is falling. COIN shares are trading up $0.95 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.

A short squeeze for Coinbase Global 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 COIN, 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 COIN, twice per month. The most recent reporting period available is February, 28 2023.