Turtle Beach Short Interest Ratio and Short Volume

-0.01 (-0.04 %)
(As of 05/7/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume327,915 shs
Average Volume568,382 shs
Market Capitalization$419.75 million
P/E Ratio10.25
Dividend YieldN/A

Short Interest

Turtle Beach (NASDAQ:HEAR) Short Interest Data

Current Short Volume1,510,000 shares
Previous Short Volume1,480,000 shares
Change Vs. Previous Month+2.03%
Dollar Volume Sold Short$40.50 million
Short Interest Ratio / Days to Cover2.7
Last Record DateApril, 15 2021
Outstanding Shares14,630,000 shares
Percentage of Shares Shorted9.55%
Today's Trading Volume327,915 shares
Average Trading Volume568,382 shares
Today's Volume Vs. Average-42.31%

Short Interest Over Time

Turtle Beach (NASDAQ:HEAR) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20211,510,000 shares $40.50 million +2.0%N/A2.7$26.82
3/31/20211,480,000 shares $38.35 million No ChangeN/A2.6$25.91
3/15/20211,480,000 shares $39.80 million -4.5%N/A2.4$26.89
2/26/20211,550,000 shares $47.00 million -2.5%N/A2.4$30.32
2/12/20211,590,000 shares $52.50 million -5.4%11.0%2.6$33.02
1/29/20211,680,000 shares $48.74 million -29.1%11.6%2.5$29.01
1/15/20212,370,000 shares $52.83 million +4.0%16.4%3.6$22.29
12/31/20202,280,000 shares $51.85 million -5.0%15.8%3.8$22.74
12/15/20202,400,000 shares $52.20 million -0.8%16.6%4.3$21.75
11/30/20202,420,000 shares $46.25 million +2.1%16.7%4.7$19.11
11/15/20202,370,000 shares $42.19 million +15.1%16.4%4.4$17.80
10/30/20202,060,000 shares $39.30 million -6.8%14.3%3.7$19.08
10/15/20202,210,000 shares $42.01 million -3.9%15.9%3.8$19.01
9/30/20202,300,000 shares $41.86 million -6.1%16.6%3.5$18.20
9/15/20202,450,000 shares $43.93 million +7.9%17.7%3.3$17.93
8/31/20202,270,000 shares $44.42 million -3.8%16.4%2.6$19.57
8/14/20202,360,000 shares $40.59 million -7.8%17.1%2.8$17.20
7/31/20202,560,000 shares $46.95 million -11.7%18.5%3.2$18.34
7/15/20202,900,000 shares $51.50 million +1.4%21.0%3.7$17.76
6/30/20202,860,000 shares $42.10 million +22.8%20.7%3.8$14.72
6/15/20202,330,000 shares $26.35 million -4.5%16.9%3.5$11.31
5/29/20202,440,000 shares $25.82 million -7.9%17.7%4.8$10.58
5/15/20202,650,000 shares $25.81 million -4.3%19.2%5.3$9.74
4/30/20202,770,000 shares $27.23 million +1.8%20.1%5.8$9.83
4/15/20202,720,000 shares $18.33 million +7.9%19.8%7.4$6.74

Turtle Beach (NASDAQ:HEAR) Short Interest FAQ

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What is Turtle Beach's current short interest?

Short interest is the volume of Turtle Beach shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 1,510,000 shares of HEAR short.

What is a good short interest ratio for Turtle Beach?

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. Turtle Beach currently has a short interest ratio of 3.0.

Is Turtle Beach's short interest increasing or decreasing?

Turtle Beach saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,510,000 shares, an increase of 2.0% from the previous total of 1,480,000 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.

How does Turtle Beach's short interest compare to its competitors?

0.00% of Turtle Beach's shares are currently sold short. Here is how the short interest of companies in the industry of "communications equipment, not elsewhere classified" compare to Turtle Beach: Vocera Communications, Inc. (0.00%), Inseego Corp. (0.00%), Rekor Systems, Inc. (0.00%), ADVA Optical Networking SE (0.00%), Napco Security Technologies, Inc. (8.19%), Iteris, Inc. (0.00%), PowerFleet, Inc. (2.72%), Magal Security Systems Ltd. (0.12%), Vislink Technologies, Inc. (0.00%), and UTStarcom Holdings Corp. (3.93%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Turtle Beach stock?

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

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

How often is Turtle Beach'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 HEAR, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/9/2021 by Staff
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