FingerMotion (FNGR) Short Interest Ratio & Short Volume

Short interest is the volume of FingerMotion shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 299,300 shares of FNGR short. 1.43% of FingerMotion's shares are currently sold short. Learn More on FingerMotion'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. FNGR shares currently have a short interest ratio of 1.0. Learn More on FingerMotion's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of FingerMotion: Group One Trading L.P., and Simplex Trading 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. 1.43% of FingerMotion's floating shares are currently sold short.

FingerMotion saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 299,300 shares, an increase of 33.8% from the previous total of 223,700 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.

FingerMotion currently has issued a total of 51,990,000 shares. Some of FingerMotion'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. FingerMotion currently has a public float of 20,870,000 shares.

1.43% of FingerMotion's shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to FingerMotion: MMTec, Inc. (1.04%), Otonomo Technologies Ltd. (1.50%), Red Cat Holdings, Inc. (2.10%), Movella Holdings Inc. (2.31%), Zenvia Inc. (0.04%), iClick Interactive Asia Group Limited (0.06%), Foresight Autonomous Holdings Ltd. (4.02%), Gorilla Technology Group Inc. (0.38%), Hitek Global Inc. (0.10%), WM Technology, Inc. (6.82%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Enbridge Inc. ($4.29 billion), T-Mobile US, Inc. ($4.17 billion), Charter Communications, Inc. ($3.07 billion), Occidental Petroleum Co. ($2.81 billion), Moderna, Inc. ($2.37 billion), Coinbase Global, Inc. ($2.27 billion), T. Rowe Price Group, Inc. ($1.98 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.88 billion), and Xylem Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling FNGR is an investing strategy that aims to generate trading profit from FingerMotion as its price is falling. FNGR shares are trading up $0.02 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 FingerMotion 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 FNGR, 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 FNGR, twice per month. The most recent reporting period available is May, 15 2023.