Coherent (IIVIP) Short Interest Ratio & Short Volume

Short interest is the volume of Coherent shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 8,400 shares of IIVIP short. Learn More on Coherent's current short interest.

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. IIVIP shares currently have a short interest ratio of 1.0. Learn More on Coherent's short interest ratio.

Coherent saw a drop in short interest in January. As of January 31st, there was short interest totaling 8,400 shares, a drop of 80.6% from the previous total of 43,200 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.

Here is how the short interest of companies in the sector of "computer and technology" compare to Coherent: Allego (4.05%), Compass, Inc. (7.15%), Deswell Industries, Inc. (0.07%), Karooooo Ltd. (0.23%), and

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.19 billion), Snowflake Inc. ($2.35 billion), T. Rowe Price Group, Inc. ($2.14 billion), Coinbase Global, Inc. ($2.14 billion), Paramount Global ($1.99 billion), Etsy, Inc. ($1.76 billion), Lucid Group, Inc. ($1.70 billion), Wayfair Inc. ($1.63 billion), Old Dominion Freight Line, Inc. ($1.61 billion), and CarMax, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling IIVIP is an investing strategy that aims to generate trading profit from Coherent 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 Coherent 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 IIVIP, 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 IIVIP, twice per month. The most recent reporting period available is January, 31 2023.