CONX Short Interest Ratio and Short Volume

CONX (NASDAQ:CONX) Short Interest Frequently Asked Questions

What is CONX's current short interest?

Short interest is the volume of CONX shares that have been sold short but have not yet been covered or closed out. As of December 31st, traders have sold 92,300 shares of CONX short. 0.13% of CONX's shares are currently sold short. Learn More on CONX's current short interest.

What is a good short interest ratio for CONX?

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. CONX currently has a short interest ratio of 1.0. Learn More on a good short interest ratio for CONX

Which institutional investors are shorting CONX?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of CONX: Jane Street Group LLC, and Citadel Advisors LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for CONX?

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. 0.13% of CONX's floating shares are currently sold short.

Is CONX's short interest increasing or decreasing?

CONX saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 92,300 shares, a decline of 20.4% from the previous total of 115,900 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 CONX's float size?

CONX currently has issued a total of 93,780,000 shares. Some of CONX'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. CONX currently has a public float of 73,650,000 shares.

How does CONX's short interest compare to its competitors?

0.13% of CONX's shares are currently sold short. Here is how the short interest of companies in the industry of "holding & other investment offices" compare to CONX: Ube Industries, Ltd. (0.00%), Arrival (9.09%), Austerlitz Acquisition Co. II (0.22%), KKR Acquisition Holdings I Corp. (0.05%), Churchill Capital Corp VII (0.10%), The Lion Electric Company (21.79%), Social Capital Hedosophia Holdings Corp. VI (1.19%), CION Invt Corp (0.11%), Lilium GmbH (2.73%), and Ares Acquisition Co. (0.08%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($9.39 billion), Advanced Micro Devices, Inc. ($9.08 billion), Charter Communications, Inc. ($7.16 billion), Palo Alto Networks, Inc. ($4.05 billion), Lucid Group Inc ($3.43 billion), Wayfair Inc. ($3.11 billion), Rivian ($3.05 billion), Datadog, Inc. ($2.76 billion), Zscaler, Inc. ($2.55 billion), and Etsy, Inc. ($1.99 billion). View all of the most shorted stocks.

What does it mean to sell short CONX stock?

Short selling CONX is an investing strategy that aims to generate trading profit from CONX as its price is falling. CONX's stock is trading up $0.01 today. To short CONX 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 CONX 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 CONX?

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

How often is CONX'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 CONX, twice per month. The most recent reporting period available is December, 31 2021.