Castor Maritime Short Interest Ratio and Short Volume

Short interest is the volume of Castor Maritime shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 636,900 shares of CTRM short. 0.00% of Castor Maritime's shares are currently sold short. View details.

Castor Maritime saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 636,900 shares, an increase of 7,763.0% from the previous total of 8,100 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.

0.00% of Castor Maritime's shares are currently sold short. Here is how the short interest of companies in the industry of "deep sea foreign transportation of freight" compare to Castor Maritime: Euronav NV (1.73%), Frontline Ltd (11.08%), Ship Finance International Limited (0.00%), DHT Holdings Inc (0.00%), PAC BASIN SHIPP/ADR (0.00%), Star Bulk Carriers Corp. (2.58%), Scorpio Tankers Inc. (14.61%), COSTAMARE INC/SH (3.29%), Seacor Holdings, Inc. (0.00%), and Dorian LPG Ltd (2.88%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.17 billion), Aon PLC ($3.57 billion), ViacomCBS Inc. ($3.01 billion), Clorox Co ($2.91 billion), Charles Schwab Co. ($2.80 billion), Mercadolibre Inc ($2.33 billion), Analog Devices, Inc. ($2.14 billion), Kroger Co ($1.99 billion), Moderna Inc ($1.96 billion), and Simon Property Group Inc ($1.80 billion). View all of the most shorted stocks.

Short selling CTRM is an investing strategy that aims to generate trading profit from Castor Maritime as its price is falling. To short Castor Maritime 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 Castor Maritime 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 Castor Maritime occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of CTRM, 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 CTRM, twice per month. The most recent reporting period available is September, 15 2020.