Innodata (INOD) Short Interest Ratio & Short Volume

Short interest is the volume of Innodata shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 3,120,000 shares of INOD short. Learn More on Innodata'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. INOD shares currently have a short interest ratio of 6.0. Learn More on Innodata's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Innodata: HAP Trading LLC, Group One Trading L.P., Cutler Group LLC CA, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Innodata saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 3,120,000 shares, a decrease of 7.4% from the previous total of 3,370,000 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 Innodata: Park City Group, Inc. (8.39%), trivago (0.49%), D-Wave Quantum Inc. (3.59%), Tucows Inc. (10.85%), Brightcove Inc. (1.26%), Sohu.com Limited (0.46%), Ooma, Inc. (1.48%), LiveVox Holdings, Inc. (6.16%), 8x8, Inc. (12.56%), Harvard Bioscience, Inc. (2.70%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling INOD is an investing strategy that aims to generate trading profit from Innodata as its price is falling. INOD shares are trading up $0.57 today. 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 Innodata 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 INOD, 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 INOD, twice per month. The most recent reporting period available is November, 15 2023.