Home Point Capital (HMPT) Short Interest Ratio & Short Volume

Short interest is the volume of Home Point Capital shares that have been sold short but have not yet been covered or closed out. As of July 15th, investors have sold 72,400 shares of HMPT short. 0.82% of Home Point Capital's shares are currently sold short. Learn More on Home Point Capital's current short interest.

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. 0.82% of Home Point Capital's floating shares are currently sold short.

Home Point Capital saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 72,400 shares, a decline of 3.6% from the previous total of 75,100 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.

Home Point Capital currently has issued a total of 138,470,000 shares. Some of Home Point Capital'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. Home Point Capital currently has a public float of 8,860,000 shares.

0.82% of Home Point Capital's shares are currently sold short. Here is how the short interest of companies in the sector of "financial services" compare to Home Point Capital: Ares Acquisition Co. II (1.27%), Nabors Energy Transition Corp. II (0.17%), Marblegate Acquisition Corp. (0.49%), Inflection Point Acquisition Corp. II (0.56%), Western Asset Emerging Markets Debt Fund Inc. (0.18%), BNY Mellon High Yield Strategies Fund (0.04%), Hennessy Capital Investment Corp. VI (0.01%), Tortoise Power and Energy Infrastructure Fund, Inc. (0.14%), IB Acquisition Corp. (0.00%), and CF Acquisition Corp. VII (0.03%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($3.75 billion), Charter Communications, Inc. ($3.17 billion), Occidental Petroleum Co. ($2.86 billion), Rivian Automotive, Inc. ($2.29 billion), T. Rowe Price Group, Inc. ($2.13 billion), Royal Caribbean Cruises Ltd. ($2.05 billion), Palantir Technologies Inc. ($2.04 billion), Extra Space Storage Inc. ($1.98 billion), Enphase Energy, Inc. ($1.66 billion), and Tractor Supply ($1.61 billion). View all of the most shorted stocks.

Short selling HMPT is an investing strategy that aims to generate trading profit from Home Point Capital 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 Home Point Capital 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 HMPT, 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 HMPT, twice per month. The most recent reporting period available is July, 15 2023.