MIND Technology (MINDP) Short Interest Ratio & Short Volume

Short interest is the volume of MIND Technology shares that have been sold short but have not yet been covered or closed out. As of January 15th, traders have sold 3,000 shares of MINDP short. Learn More on MIND Technology's current short interest.

MIND Technology saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,000 shares, a drop of 6.3% from the previous total of 3,200 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 "computer and technology" compare to MIND Technology: Allego (7.15%), Compass, Inc. (7.39%), Karooooo Ltd. (0.15%), and

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.10 billion), General Motors ($3.90 billion), Charter Communications, Inc. ($3.31 billion), Occidental Petroleum Co. ($2.91 billion), Tractor Supply ($2.75 billion), Moderna, Inc. ($2.44 billion), Coinbase Global, Inc. ($2.10 billion), United Rentals, Inc. ($2.09 billion), Royal Caribbean Cruises Ltd. ($2.03 billion), and Rivian Automotive, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling MINDP is an investing strategy that aims to generate trading profit from MIND Technology as its price is falling. MINDP shares are trading up $0.58 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 MIND Technology 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 MINDP, 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 MINDP, twice per month. The most recent reporting period available is January, 15 2024.