Everspin Technologies Short Interest Ratio and Short Volume

-0.21 (-4.06 %)
(As of 05/5/2021 05:08 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume77,207 shs
Average Volume179,360 shs
Market Capitalization$95.32 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Everspin Technologies (NASDAQ:MRAM) Short Interest Data

Current Short Volume171,800 shares
Previous Short Volume226,400 shares
Change Vs. Previous Month-24.12%
Dollar Volume Sold Short$920,848.00
Short Interest Ratio / Days to Cover0.9
Last Record DateApril, 15 2021
Outstanding Shares17,130,000 shares
Float Size14,930,000 shares
Short Percent of Float1.15%
Today's Trading Volume77,207 shares
Average Trading Volume179,360 shares
Today's Volume Vs. Average-56.95%

Short Interest Over Time

Everspin Technologies (NASDAQ:MRAM) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021171,800 shares $920,848.00 -24.1%1.2%0.9$5.36
3/31/2021226,400 shares $1.30 million +8.7%1.5%1.1$5.75
3/15/2021208,300 shares $1.30 million -6.5%1.4%0.9$6.25
2/26/2021222,800 shares $1.25 million -34.5%1.5%1$5.63
2/12/2021340,100 shares $2.36 million -20.2%2.3%1.4$6.93
1/29/2021426,100 shares $2.35 million -6.8%2.9%1.8$5.52
1/15/2021457,000 shares $2.67 million +9.8%3.4%2$5.84
12/31/2020416,300 shares $1.91 million +46.4%3.1%1.9$4.60
12/15/2020284,400 shares $1.60 million -18.1%2.1%1.4$5.61
11/30/2020347,200 shares $1.94 million +2.1%2.6%2.1$5.60
11/15/2020340,200 shares $1.99 million -14.3%2.5%2$5.85
10/30/2020397,100 shares $3.14 million -0.7%2.9%2$7.91
10/15/2020399,900 shares $2.84 million +3.7%3.0%1.8$7.11
9/30/2020385,500 shares $2.19 million -17.4%2.8%1.7$5.67
9/15/2020441,800 shares $2.53 million -5.4%3.3%1.9$5.73
8/31/2020466,900 shares $2.71 million +49.8%3.4%1.9$5.81
8/14/2020311,600 shares $1.69 million +141.4%2.3%1.2$5.41
7/31/2020129,100 shares $1.08 million -31.9%1.0%0.4$8.39
7/15/2020189,600 shares $1.37 million +1.8%1.4%0.3$7.23
6/30/2020186,300 shares $1.31 million +4.0%1.4%0.3$7.02
6/15/2020179,200 shares $1.18 million -33.1%1.3%0.3$6.56
5/29/2020267,900 shares $1.58 million -37.5%2.0%0.5$5.89
5/15/2020428,900 shares $2.38 million +78.1%3.2%0.7$5.55
4/30/2020240,800 shares $710,360.00 -25.2%1.8%0.4$2.95
4/15/2020322,000 shares $853,300.00 -15.7%2.4%1.9$2.65

Everspin Technologies (NASDAQ:MRAM) Short Interest FAQ

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What is Everspin Technologies' current short interest?

Short interest is the volume of Everspin Technologies shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 171,800 shares of MRAM short. 1.15% of Everspin Technologies' shares are currently sold short. View details.

What is a good short interest ratio for Everspin Technologies?

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. Everspin Technologies currently has a short interest ratio of 1.0.

What is a good short interest percentage for Everspin Technologies?

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. 1.15% of Everspin Technologies' floating shares are currently sold short.

Is Everspin Technologies' short interest increasing or decreasing?

Everspin Technologies saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 171,800 shares, a drop of 24.1% from the previous total of 226,400 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.

What is Everspin Technologies' float size?

Everspin Technologies currently has issued a total of 19,218,000 shares. Some of Everspin Technologies' 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. Everspin Technologies currently has a public float of 14,930,000 shares.

How does Everspin Technologies' short interest compare to its competitors?

1.15% of Everspin Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "semiconductors & related devices" compare to Everspin Technologies: Atomera Incorporated (0.00%), NVE Co. (2.49%), DSP Group, Inc. (3.29%), VIA optronics AG (0.00%), POET Technologies Inc. (0.00%), EMCORE Co. (0.00%), Beam Global (27.19%), Sequans Communications S.A. (5.71%), Applied Optoelectronics, Inc. (0.00%), and O2Micro International Limited (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Everspin Technologies stock?

Short selling MRAM is an investing strategy that aims to generate trading profit from Everspin Technologies as its price is falling. Everspin Technologies' stock is trading down $0.21 today. To short Everspin Technologies 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 Everspin Technologies 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 Everspin Technologies?

A short squeeze for Everspin Technologies 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 MRAM, which in turn drives the price of the stock up even further.

How often is Everspin Technologies' 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 MRAM, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/5/2021 by Staff
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