Field Trip Health (FTRP) Short Interest Ratio & Short Volume

Short interest is the volume of Field Trip Health shares that have been sold short but have not yet been covered or closed out. As of July 31st, investors have sold 312,600 shares of FTRP short. 0.93% of Field Trip Health's shares are currently sold short. Learn More on Field Trip Health'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. FTRP shares currently have a short interest ratio of 3.0. Learn More on Field Trip Health's short interest ratio.

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. 0.93% of Field Trip Health's floating shares are currently sold short.

Field Trip Health saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 312,600 shares, a drop of 3.0% from the previous total of 322,300 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.

Field Trip Health currently has issued a total of 58,215,000 shares. Some of Field Trip Health'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. Field Trip Health currently has a public float of 33,790,000 shares.

0.93% of Field Trip Health's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Field Trip Health: Kindly MD, Inc. (3.94%), Better Therapeutics, Inc. (0.00%), UpHealth, Inc. (0.06%), Monte Rosa Therapeutics, Inc. (18.84%), Annexon, Inc. (9.94%), Health Catalyst, Inc. (5.77%), Nyxoah SA (0.94%), Outset Medical, Inc. (12.72%), Mereo BioPharma Group plc - Sponsored ADR (7.02%), DiaMedica Therapeutics, Inc. (6.85%),

As of the most recent reporting period, the following stocks had the largest short interest positions: KLA Corporation ($2.87 billion), Lucid Group, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.08 billion), Coinbase Global, Inc. ($1.91 billion), Williams-Sonoma, Inc. ($1.85 billion), Chesapeake Energy Co. ($1.81 billion), Rivian Automotive, Inc. ($1.64 billion), Lumen Technologies, Inc. ($1.61 billion), Plug Power, Inc. ($1.50 billion), and Generac Holdings Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling FTRP is an investing strategy that aims to generate trading profit from Field Trip Health as its price is falling. 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 Field Trip Health 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 FTRP, 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 FTRP, twice per month. The most recent reporting period available is July, 31 2022.