Lianluo Smart (LLIT) Short Interest Ratio & Short Volume

Short interest is the volume of Lianluo Smart shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 162,000 shares of LLIT short. 5.49% of Lianluo Smart's shares are currently sold short. Learn More on Lianluo Smart'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. 5.49% of Lianluo Smart's floating shares are currently sold short.

Lianluo Smart saw a increase in short interest in April. As of April 30th, there was short interest totaling 162,000 shares, an increase of 20.5% from the previous total of 134,400 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.

Lianluo Smart currently has issued a total of 2,211,000 shares. Some of Lianluo Smart'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. Lianluo Smart currently has a public float of 2,950,000 shares.

5.49% of Lianluo Smart's shares are currently sold short. Here is how the short interest of companies in the sector of "medical" compare to Lianluo Smart: Bluejay Diagnostics, Inc. (0.65%), INVO Bioscience, Inc. (0.47%), Nemaura Medical Inc. (0.34%), Quoin Pharmaceuticals, Ltd. (0.31%), Dynatronics Co. (0.57%), Sintx Technologies, Inc. (5.38%), Motus GI Holdings, Inc. (0.46%), Tenon Medical, Inc. (3.32%), Aethlon Medical, Inc. (0.74%), Assure Holdings Corp. (4.29%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($6.19 billion), Charter Communications, Inc. ($5.76 billion), Analog Devices, Inc. ($5.70 billion), S&P Global Inc. ($5.03 billion), Airbnb, Inc. ($4.01 billion), Snap Inc. ($3.54 billion), Nuance Communications, Inc. ($2.72 billion), Expedia Group, Inc. ($2.31 billion), The Kroger Co. ($2.25 billion), and GameStop Corp. ($2.05 billion). View all of the most shorted stocks.

Short selling LLIT is an investing strategy that aims to generate trading profit from Lianluo Smart as its price is falling. LLIT shares are trading up $0.01 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 Lianluo Smart occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of LLIT, 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 LLIT, twice per month. The most recent reporting period available is April, 30 2021.