LogicMark (LGMK) Short Interest Ratio & Short Volume

Short interest is the volume of LogicMark shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 100,400 shares of LGMK short. 20.45% of LogicMark's shares are currently sold short. Learn More on LogicMark's current short interest.

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. 20.45% of LogicMark's floating shares are currently sold short.

LogicMark saw a decline in short interest in November. As of November 15th, there was short interest totaling 100,400 shares, a decline of 97.4% from the previous total of 3,810,000 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.

LogicMark currently has issued a total of 1,850,000 shares. Some of LogicMark'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. LogicMark currently has a public float of 491,000 shares.

20.45% of LogicMark's shares are currently sold short. Here is how the short interest of companies compare to LogicMark: Predictive Oncology Inc. (2.46%), Bone Biologics Co. (10.91%), NanoVibronix, Inc. (2.30%), Heart Test Laboratories, Inc. (3.73%), Intuitive Surgical, Inc. (1.17%), Edwards Lifesciences Co. (1.18%), Zimmer Biomet Holdings, Inc. (3.46%), STERIS plc (0.77%), Align Technology, Inc. (4.30%), Smith & Nephew plc (0.72%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.85 billion), Charter Communications, Inc. ($4.81 billion), International Paper ($2.96 billion), Cencora, Inc. ($2.40 billion), Paychex, Inc. ($2.38 billion), Lululemon Athletica Inc. ($2.05 billion), SoFi Technologies, Inc. ($2.03 billion), Live Nation Entertainment, Inc. ($1.93 billion), Onsemi ($1.82 billion), and Tractor Supply ($1.65 billion). View all of the most shorted stocks.

Short selling LGMK is an investing strategy that aims to generate trading profit from LogicMark as its price is falling. LGMK shares are trading up $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 LogicMark 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 LGMK, 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 LGMK, twice per month. The most recent reporting period available is November, 15 2024.