Luminar Technologies (LAZR) Short Interest Ratio & Short Volume

Short interest is the volume of Luminar Technologies shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 76,180,000 shares of LAZR short. Learn More on Luminar Technologies' 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. LAZR shares currently have a short interest ratio of 14.0. Learn More on Luminar Technologies's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Luminar Technologies: Walleye Trading LLC, Walleye Capital LLC, GTS Securities LLC, Wolverine Trading LLC, Wolverine Asset Management LLC, HAP Trading LLC, Cutler Group LLC CA, Barclays PLC, Portman Square Capital LLP, Belvedere Trading LLC, Concourse Financial Group Securities Inc., and National Bank of Canada FI. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Luminar Technologies saw a increase in short interest in November. As of November 15th, there was short interest totaling 76,180,000 shares, an increase of 15.1% from the previous total of 66,160,000 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 "auto/tires/trucks" compare to Luminar Technologies: American Axle & Manufacturing Holdings, Inc. (2.47%), Holley Inc. (4.70%), Gentherm Incorporated (2.87%), Innoviz Technologies Ltd. (8.87%), Cooper-Standard Holdings Inc. (7.11%), Dana Incorporated (3.82%), Dorman Products, Inc. (1.13%), LCI Industries (10.42%), Adient plc (3.40%), Visteon Co. (2.83%),

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 LAZR is an investing strategy that aims to generate trading profit from Luminar Technologies as its price is falling. LAZR shares are trading down $0.04 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 Luminar Technologies 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 LAZR, 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 LAZR, twice per month. The most recent reporting period available is November, 15 2023.