HyreCar Short Interest Ratio and Short Volume

-0.04 (-0.34 %)
(As of 04/20/2021 03:59 PM ET)
Today's Range
Now: $11.66
50-Day Range
MA: $10.24
52-Week Range
Now: $11.66
Volume56,041 shs
Average Volume673,687 shs
Market Capitalization$237.05 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

HyreCar (NASDAQ:HYRE) Short Interest Data

Current Short Volume672,900 shares
Previous Short Volume629,600 shares
Change Vs. Previous Month+6.88%
Dollar Volume Sold Short$8.24 million
Short Interest Ratio / Days to Cover0.9
Last Record DateMarch, 31 2021
Outstanding Shares15,830,000 shares
Percentage of Shares Shorted3.31%
Today's Trading Volume56,041 shares
Average Trading Volume673,687 shares
Today's Volume Vs. Average-91.68%

Short Interest Over Time

HyreCar (NASDAQ:HYRE) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2021672,900 shares $8.24 million +6.9%N/A0.9 $12.25
3/15/2021629,600 shares $5.79 million +23.8%N/A0.9 $9.20
2/26/2021508,600 shares $4.60 million -2.7%N/A0.7 $9.04
2/12/2021522,500 shares $5.38 million +17.5%N/A0.7 $10.29
1/29/2021444,600 shares $5.30 million +43.4%N/A0.7 $11.91
1/15/2021310,100 shares $2.92 million +34.5%2.1%0.8 $9.41
12/31/2020257,500 shares $1.99 million +8.6%1.7%0.8 $7.73
12/15/2020257,500 shares $1.95 million +8.6%1.7%0.8 $7.59
11/30/2020237,200 shares $1.79 million -18.8%1.6%0.8 $7.55
11/15/2020292,000 shares $2.07 million +3.0%2.0%1.4 $7.09
10/30/2020283,500 shares $1.62 million -6.4%1.9%1.7 $5.71
10/15/2020303,000 shares $1.12 million +7.9%2.1%1.5 $3.70
9/30/2020280,900 shares $1.14 million +23.3%1.9%1.4 $4.06
9/15/2020227,800 shares $756,296.00 -10.5%1.6%1 $3.32
8/31/2020254,400 shares $887,856.00 -29.5%1.7%0.9 $3.49
8/14/2020361,000 shares $1.35 million -42.5%2.5%1.1 $3.74
7/31/2020628,200 shares $2.39 million +3.9%4.4%2.1 $3.81
7/15/2020604,500 shares $2.10 million -10.2%4.4%2.4 $3.48
6/30/2020673,200 shares $2.07 million -10.4%4.9%2.7 $3.08
6/15/2020751,100 shares $2.25 million -16.8%5.5%2.8 $2.99
5/29/2020903,000 shares $2.88 million -9.3%6.6%3.6 $3.19
5/15/2020996,000 shares $2.18 million -6.9%7.3%4.9 $2.19
4/30/20201,070,000 shares $2.56 million -10.1%7.9%4.7 $2.39
4/15/20201,190,000 shares $2.30 million -7.8%8.7%5.3 $1.93
3/31/20201,290,000 shares $1.92 million -10.6%9.5%5.6 $1.49

HyreCar (NASDAQ:HYRE) Short Interest FAQ

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What is HyreCar's current short interest?

Short interest is the volume of HyreCar shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 672,900 shares of HYRE short.

What is a good short interest ratio for HyreCar?

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. HyreCar currently has a short interest ratio of 1.0.

Is HyreCar's short interest increasing or decreasing?

HyreCar saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 672,900 shares, an increase of 6.9% from the previous total of 629,600 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 HyreCar's short interest compare to its competitors?

0.00% of HyreCar's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to HyreCar:, Corp. (2.76%), Echo Global Logistics, Inc. (3.49%), Stagecoach Group plc (0.00%), Bristow Group Inc. (0.63%), Corporación América Airports S.A. (2.13%), CAI International, Inc. (1.54%), Universal Logistics Holdings, Inc. (2.37%), TORM plc (0.17%), Flex LNG Ltd. (0.42%), and KNOT Offshore Partners LP (0.75%).

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. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short HyreCar stock?

Short selling HYRE is an investing strategy that aims to generate trading profit from HyreCar as its price is falling. HyreCar's stock is trading down $0.04 today. To short HyreCar 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 HyreCar 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 HyreCar?

A short squeeze for HyreCar 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 HYRE, which in turn drives the price of the stock up even further.

How often is HyreCar'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 HYRE, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/20/2021 by Staff
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