NeXt Innovation (GSVC) Short Interest Ratio & Short Volume

Short interest is the volume of NeXt Innovation shares that have been sold short but have not yet been closed out or covered. As of July 15th, investors have sold 615,700 shares of GSVC short. 3.13% of NeXt Innovation's shares are currently sold short. Learn More on NeXt Innovation'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. GSVC shares currently have a short interest ratio of 5.0. Learn More on NeXt Innovation'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. 3.13% of NeXt Innovation's floating shares are currently sold short.

NeXt Innovation saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 615,700 shares, a decrease of 5.0% from the previous total of 647,900 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.

NeXt Innovation currently has issued a total of 19,763,000 shares. Some of NeXt Innovation'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. NeXt Innovation currently has a public float of 19,680,000 shares.

3.13% of NeXt Innovation's shares are currently sold short. Here is how the short interest of companies in the industry of "asset management & custody banks" compare to NeXt Innovation: Blackrock Tcp Capital Corp. (2.49%), Gladstone Capital Corporation (1.89%), Gladstone Investment Corporation (7.65%), PennantPark Investment Co. (3.57%), Stellus Capital Investment Corporation (1.99%), Diamond Hill Investment Group, Inc. (2.33%), Horizon Technology Finance Corporation (3.22%), Medallion Financial Corp. (6.11%), WhiteHorse Finance, Inc. (1.13%), Westwood Holdings Group Inc (2.17%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Tableau Software Inc ($1.15 billion), Chemical Financial Co. ($274.44 million), Andeavor Logistics LP ($181.50 million), Bloom Energy Corporation ($143.69 million), Barnes & Noble, Inc. ($32.60 million), and American Electric Technologies, Inc. ($394.06 thousand). View all of the most shorted stocks.

Short selling GSVC is an investing strategy that aims to generate trading profit from NeXt Innovation as its price is falling. GSVC shares are trading up $0.32 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 NeXt Innovation 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 GSVC, 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 GSVC, twice per month. The most recent reporting period available is July, 15 2019.