Coinbase Global Short Interest Ratio and Short Volume

Coinbase Global (NASDAQ:COIN) Short Interest Frequently Asked Questions

What is Coinbase Global's current short interest?

Short interest is the volume of Coinbase Global shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 9,520,000 shares of COIN short. 6.53% of Coinbase Global's shares are currently sold short. Learn More on Coinbase Global's current short interest.

What is a good short interest ratio for Coinbase Global?

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. Coinbase Global currently has a short interest ratio of 2.0. Learn More on Coinbase Global's short interest ratio.

Which institutional investors are shorting Coinbase Global?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Coinbase Global: Baader Bank INC, Walleye Capital LLC, Walleye Trading LLC, Capula Management Ltd, Jane Street Group LLC, Royal Bank of Canada, Sandler Capital Management, Sessa Capital IM L.P., Shay Capital LLC, HBK Investments L P, Goldman Sachs Group Inc., Apollo Management Holdings L.P., Prelude Capital Management LLC, UBS Group AG, Hsbc Holdings PLC, PEAK6 Investments LLC, Warberg Asset Management LLC, EMG Holdings L.P., Allianz Asset Management GmbH, HAP Trading LLC, Bank of Montreal Can, Citigroup Inc., HighTower Advisors LLC, Group One Trading L.P., JPMorgan Chase & Co., Concourse Financial Group Securities Inc., CTC LLC, SpiderRock Advisors LLC, Wolverine Asset Management LLC, Simplex Trading LLC, Mint Tower Capital Management B.V., Avestar Capital LLC, IMC Chicago LLC, Cutler Group LP, and Walleye Capital LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Coinbase Global?

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. 6.53% of Coinbase Global's floating shares are currently sold short.

Is Coinbase Global's short interest increasing or decreasing?

Coinbase Global saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 9,520,000 shares, an increase of 30.8% from the previous total of 7,280,000 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 Coinbase Global's float size?

Coinbase Global currently has issued a total of 219,480,000 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 145,740,000 shares.

How does Coinbase Global's short interest compare to its competitors?

6.53% of Coinbase Global's shares are currently sold short. Here is how the short interest of companies in the industry of "nondepository credit institutions" compare to Coinbase Global: Synchrony Financial (3.03%), Lufax Holding Ltd (0.00%), SoFi Technologies, Inc. (22.82%), Hargreaves Lansdown plc (0.00%), SBI Holdings, Inc. (0.00%), Walker & Dunlop, Inc. (2.60%), Mr. Cooper Group Inc. (5.36%), Upstart Holdings, Inc. (30.48%), 360 DigiTech, Inc. (1.88%), and Green Dot Co. (8.46%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Palo Alto Networks, Inc. ($4.31 billion), Charter Communications, Inc. ($3.24 billion), Lucid Group, Inc. ($2.25 billion), HP Inc. ($2.22 billion), GameStop Corp. ($1.69 billion), Carnival Co. & plc ($1.66 billion), Snap Inc. ($1.64 billion), Wayfair Inc. ($1.63 billion), Rivian Automotive, Inc. ($1.60 billion), and Upstart Holdings, Inc. ($1.53 billion). View all of the most shorted stocks.

What does it mean to sell short Coinbase Global stock?

Short selling COIN is an investing strategy that aims to generate trading profit from Coinbase Global as its price is falling. Coinbase Global's stock is trading down $4.74 today. To short Coinbase Global 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 Coinbase Global 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 Coinbase Global?

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.

How often is Coinbase Global's 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 COIN, twice per month. The most recent reporting period available is April, 30 2022.