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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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Hooker Furniture Short Interest Ratio and Short Volume

-0.08 (-0.24 %)
(As of 02/26/2021 12:00 AM ET)
Today's Range
Now: $33.81
50-Day Range
MA: $32.61
52-Week Range
Now: $33.81
Volume27,506 shs
Average Volume39,871 shs
Market Capitalization$401.90 million
P/E RatioN/A
Dividend Yield2.12%

Short Interest

Hooker Furniture (NASDAQ:HOFT) Short Interest Data

Current Short Volume502,000 shares
Previous Short Volume504,700 shares
Change Vs. Previous Month:-0.53%
Dollar Volume Sold Short$16.94 million
Short Interest Ratio / Days to Cover11.0
Last Record DateJanuary, 29 2021
Outstanding Shares11,887,000 shares
Float Size11,570,000 shares
Short Percent of Float4.34%
Today's Trading Volume27,506 shares
Average Trading Volume39,871 shares
Today's Volume Vs. Average-31.01%

Short Interest Over Time

Hooker Furniture (NASDAQ:HOFT) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/29/2021502,000 shares $16.94 million -0.5%4.3%11.1 $33.75
1/15/2021504,700 shares $15.72 million No Change4.4%11.1 $31.14
1/31/2020780,900 shares $17.24 million -0.9%6.8%8.5 $22.08
1/15/2020780,900 shares $17.19 million -0.9%6.8%8.5 $22.01
12/31/2019787,900 shares $19.92 million +10.4%6.8%8.5 $25.28
8/15/2019124,000 shares $2.25 million -0.4%1.1%1.1 $18.13

Hooker Furniture (NASDAQ:HOFT) Short Interest FAQ

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What is Hooker Furniture's current short interest?

Short interest is the volume of Hooker Furniture shares that have been sold short but have not yet been closed out or covered. As of January 29th, traders have sold 502,000 shares of HOFT short. 4.34% of Hooker Furniture's shares are currently sold short. View details.

What is a good short interest ratio for Hooker Furniture?

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. Hooker Furniture currently has a short interest ratio of 11.0.

What is a good short interest percentage for Hooker Furniture?

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. 4.34% of Hooker Furniture's floating shares are currently sold short.

Is Hooker Furniture's short interest increasing or decreasing?

Hooker Furniture saw a decrease in short interest in the month of January. As of January 29th, there was short interest totaling 502,000 shares, a decrease of 0.5% from the previous total of 504,700 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.

What is Hooker Furniture's float size?

Hooker Furniture currently has issued a total of 11,887,000 shares. Some of Hooker Furniture'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. Hooker Furniture currently has a public float of 11,570,000 shares.

How does Hooker Furniture's short interest compare to its competitors?

4.34% of Hooker Furniture's shares are currently sold short. Here is how the short interest of companies in the industry of "household furniture" compare to Hooker Furniture: Tempur Sealy International, Inc. (0.00%), Leggett & Platt, Incorporated (3.86%), Sleep Number Co. (11.87%), Purple Innovation, Inc. (0.00%), La-Z-Boy Incorporated (6.09%), Compass Diversified (0.17%), Kimball International, Inc. (3.26%), Casper Sleep Inc. (8.84%), Flexsteel Industries, Inc. (1.55%), and Natuzzi S.p.A. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon Plc ($5.34 billion), Charter Communications, Inc. ($5.03 billion), ViacomCBS Inc. ($4.99 billion), DuPont de Nemours, Inc. ($4.72 billion), Analog Devices, Inc. ($4.57 billion), Snap Inc. ($3.87 billion), Moderna, Inc. ($3.58 billion), Futu Holdings Limited ($2.75 billion), Snowflake Inc. ($2.43 billion), and Palantir Technologies Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Hooker Furniture stock?

Short selling HOFT is an investing strategy that aims to generate trading profit from Hooker Furniture as its price is falling. Hooker Furniture's stock is trading down $0.08 today. To short Hooker Furniture 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 Hooker Furniture 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 Hooker Furniture?

A short squeeze for Hooker Furniture 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 HOFT, which in turn drives the price of the stock up even further.

How often is Hooker Furniture'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 HOFT, twice per month. The most recent reporting period available is January, 29 2021.

This page was last updated on 2/27/2021 by MarketBeat.com Staff

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