Itamar Medical Short Interest Ratio and Short Volume

Itamar Medical (NASDAQ:ITMR) Short Interest Frequently Asked Questions

What is Itamar Medical's current short interest?

Short interest is the volume of Itamar Medical shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 11,000 shares of ITMR short. 0.07% of Itamar Medical's shares are currently sold short. Learn More on Itamar Medical's current short interest.

What is a good short interest percentage for Itamar Medical?

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. 0.07% of Itamar Medical's floating shares are currently sold short.

Is Itamar Medical's short interest increasing or decreasing?

Itamar Medical saw a decline in short interest during the month of September. As of September 30th, there was short interest totaling 11,000 shares, a decline of 92.4% from the previous total of 145,000 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 Itamar Medical's float size?

Itamar Medical currently has issued a total of 16,108,000 shares. Some of Itamar Medical's 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. Itamar Medical currently has a public float of 15,910,000 shares.

How does Itamar Medical's short interest compare to its competitors?

0.07% of Itamar Medical's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Itamar Medical: Dynavax Technologies Co. (19.00%), Myovant Sciences Ltd. (10.59%), Global Blood Therapeutics, Inc. (10.90%), IGM Biosciences, Inc. (21.93%), Quanterix Co. (3.65%), Alector, Inc. (13.18%), Cortexyme, Inc. (17.53%), Sema4 Holdings Corp (8.70%), Trillium Therapeutics Inc. (3.16%), and Codexis, Inc. (10.60%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.35 billion), Advanced Micro Devices, Inc. ($6.43 billion), Charter Communications, Inc. ($5.68 billion), Wayfair Inc. ($4.48 billion), Uber Technologies, Inc. ($3.77 billion), Canadian Pacific Railway Limited ($3.73 billion), Palo Alto Networks, Inc. ($3.10 billion), Zoom Video Communications, Inc. ($2.87 billion), Match Group, Inc. ($2.83 billion), and DoorDash, Inc. ($2.54 billion). View all of the most shorted stocks.

What does it mean to sell short Itamar Medical stock?

Short selling ITMR is an investing strategy that aims to generate trading profit from Itamar Medical as its price is falling. Itamar Medical's stock is trading down $0.06 today. To short Itamar Medical 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 Itamar Medical 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 Itamar Medical?

A short squeeze for Itamar Medical 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 ITMR, which in turn drives the price of the stock up even further.

How often is Itamar Medical'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 ITMR, twice per month. The most recent reporting period available is September, 30 2021.