Iridium Communications (IRDM) Short Interest Ratio & Short Volume → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free IRDM Stock Alerts $29.28 +0.54 (+1.88%) (As of 04:00 PM ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Iridium Communications Short Interest DataCurrent Short Volume3,590,000 sharesPrevious Short Volume3,400,000 sharesChange Vs. Previous Month+5.59%Dollar Volume Sold Short$93.91 millionShort Interest Ratio / Days to Cover3.2Last Record DateMarch 31, 2024Outstanding Shares121,430,000 sharesFloat Size108,670,000 sharesShort Percent of Float3.30%Today's Trading Volume1,909,238 sharesAverage Trading Volume1,137,111 sharesToday's Volume Vs. Average168% Short Selling Iridium Communications ? Sign up to receive the latest short interest report for Iridium Communications and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatIRDM Short Interest Over TimeIRDM Days to Cover Over TimeIRDM Percentage of Float Shorted Over Time Ad Stansberry ResearchGlobal crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project... Here's everything you need to know. Iridium Communications Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 3/31/20243,590,000 shares $93.91 million +5.6%3.3%3.2 $26.16 3/15/20243,400,000 shares $91.80 million +27.3%3.1%3.3 $27.00 2/29/20242,670,000 shares $77.30 million +0.8%2.4%2.8 $28.95 2/15/20242,650,000 shares $80.75 million -1.5%2.4%3.1 $30.47 1/31/20242,690,000 shares $97.54 million +0.8%2.4%3.7 $36.26 1/15/20242,670,000 shares $102.37 million +17.6%2.4%3.8 $38.34 Get the Latest News and Ratings for IRDM and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Iridium Communications and its competitors with MarketBeat's FREE daily newsletter. 12/31/20232,270,000 shares $93.43 million -11.0%2.1%3.1 $41.16 12/15/20232,550,000 shares $102.03 million -1.2%2.3%3.4 $40.01 11/30/20232,580,000 shares $98.30 million No Change2.3%3.3 $38.10 11/15/20232,580,000 shares $96.65 million -0.8%2.3%3.6 $37.46 10/31/20232,600,000 shares $96.33 million +11.6%2.4%3.7 $37.05 10/15/20232,330,000 shares $98.98 million +4.0%2.1%2.7 $42.48 9/30/20232,240,000 shares $101.90 million -11.5%2.0%2.8 $45.49 9/15/20232,530,000 shares $120.30 million No Change2.3%3.2 $47.55 8/31/20232,530,000 shares $123.84 million -7.0%2.3%2.5 $48.95 8/15/20232,720,000 shares $136.76 million -5.9%2.4%2.7 $50.28 7/31/20232,890,000 shares $151.87 million +18.0%2.6%2.9 $52.55 7/15/20232,450,000 shares $147.78 million -2.0%2.2%2.6 $60.32 6/30/20232,500,000 shares $155.30 million -44.0%2.2%2.8 $62.12 6/15/20234,460,000 shares $272.24 million +8.8%4.0%5.1 $61.04 5/31/20234,100,000 shares $246.16 million +0.7%3.6%6 $60.04 5/15/20234,070,000 shares $251.28 million No Change3.6%5.9 $61.74 10/31/20225,960,000 shares $307.12 million -4.3%5.3%10 $51.53 10/15/20226,230,000 shares $290.57 million +4.0%5.6%10.7 $46.64 9/30/20225,990,000 shares $265.78 million -7.9%5.3%11 $44.37 9/15/20226,500,000 shares $289.90 million +6.6%5.7%12.1 $44.60 8/31/20226,100,000 shares $270.78 million -6.9%5.4%11.4 $44.39 8/15/20226,550,000 shares $305.69 million -1.4%5.8%14 $46.67 7/31/20226,640,000 shares $296.87 million +7.3%5.9%13.6 $44.71 7/15/20226,190,000 shares $243.14 million -1.8%5.4%12.6 $39.28 6/30/20226,300,000 shares $236.63 million -5.4%5.5%12.2 $37.56 6/15/20226,660,000 shares $241.76 million -0.3%5.8%12.6 $36.30 5/31/20226,680,000 shares $247.89 million +2.8%5.8%12.6 $37.11 5/15/20226,500,000 shares $224.84 million +0.3%5.7%10 $34.59 4/30/20226,480,000 shares $231.40 million +5.0%5.7%7.5 $35.71 4/15/20226,170,000 shares $249.95 million -3.9%5.4%5.8 $40.51 3/31/20226,420,000 shares $258.85 million +0.2%N/A0 $40.32 3/15/20226,410,000 shares $243.13 million +2.6%5.6%5.7 $37.93 2/28/20226,250,000 shares $247.44 million +8.7%5.5%5.4 $39.59 2/15/20225,750,000 shares $205.56 million -10.9%5.0%5 $35.75Thousands of investors use this no cost solution | Do you? (Ad)In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.Simply tap here now to subscribe and start getting "Insider Financial Advantage" IRDM Short Interest - Frequently Asked Questions What is Iridium Communications' current short interest? Short interest is the volume of Iridium Communications shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 3,590,000 shares of IRDM short. 3.30% of Iridium Communications' shares are currently sold short. Learn More on Iridium Communications' current short interest. What is a good short interest ratio for Iridium Communications? 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. IRDM shares currently have a short interest ratio of 3.0. Learn More on Iridium Communications's short interest ratio. What is a good short interest percentage for Iridium Communications? 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. 3.30% of Iridium Communications' floating shares are currently sold short. Is Iridium Communications' short interest increasing or decreasing? Iridium Communications saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 3,590,000 shares, an increase of 5.6% from the previous total of 3,400,000 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. What is Iridium Communications' float size? Iridium Communications currently has issued a total of 121,430,000 shares. Some of Iridium Communications' 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. Iridium Communications currently has a public float of 108,670,000 shares. How does Iridium Communications' short interest compare to its competitors? 3.30% of Iridium Communications' shares are currently sold short. Here is how the short interest of companies compare to Iridium Communications: Lumentum Holdings Inc. (16.13%), Evolent Health, Inc. (9.19%), Advanced Energy Industries, Inc. (7.26%), Tower Semiconductor Ltd. (0.66%), Sanmina Co. (2.12%), nCino, Inc. (8.01%), Camtek Ltd. (8.56%), Impinj, Inc. (12.04%), ACI Worldwide, Inc. (2.23%), Teradata Co. (3.59%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks. What does it mean to sell short Iridium Communications stock? Short selling IRDM is an investing strategy that aims to generate trading profit from Iridium Communications as its price is falling. IRDM shares are trading up $0.54 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. How does a short squeeze work against Iridium Communications? A short squeeze for Iridium Communications 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 IRDM, which in turn drives the price of the stock up even further. How often is Iridium Communications' 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 IRDM, twice per month. The most recent reporting period available is March, 31 2024. More Short Interest Resources from MarketBeat Related Companies: Lumentum Short Interest Evolent Health Short Interest Advanced Energy Industries Short Interest Tower Semiconductor Short Interest Sanmina Short Interest nCino Short Interest Camtek Short Interest Impinj Short Interest ACI Worldwide Short Interest Teradata Short Interest Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:IRDM) was last updated on 4/24/2024 by MarketBeat.com Staff From Our PartnersThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersPentagon contract could send this $2 AI stock soaringBehind the MarketsThe #1 Crypto for 2024InvestorPlaceDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest Metals