IDEX Biometrics ASA (IDBA) Short Interest Ratio & Short Volume

Short interest is the volume of IDEX Biometrics ASA shares that have been sold short but have not yet been covered or closed out. As of July 15th, investors have sold 100 shares of IDBA short. Learn More on IDEX Biometrics ASA's current short interest.

Here is how the short interest of companies in the sector of "computer and technology" compare to IDEX Biometrics ASA: Comtech Telecommunications Corp. (9.59%), Research Frontiers Incorporated (1.39%), Phunware, Inc. (12.17%), IRIDEX Co. (2.74%), Dragonfly Energy Holdings Corp. (15.45%), Key Tronic Co. (0.18%), Metalpha Technology Holding Limited (0.01%), Nortech Systems Incorporated (0.08%), PodcastOne, Inc. (0.22%), Ondas Holdings Inc. (2.70%),

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 IDBA is an investing strategy that aims to generate trading profit from IDEX Biometrics ASA 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 IDEX Biometrics ASA 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 IDBA, 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 IDBA, twice per month. The most recent reporting period available is July, 15 2023.