Net Element (NETE) Short Interest Ratio & Short Volume

Short interest is the volume of Net Element shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 367,700 shares of NETE short. 8.17% of Net Element's shares are currently sold short. Learn More on Net Element's 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. NETE shares currently have a short interest ratio of 1.0. Learn More on Net Element's short interest ratio.

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. 8.17% of Net Element's floating shares are currently sold short.

Net Element saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 367,700 shares, a decrease of 6.3% from the previous total of 392,500 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.

Net Element currently has issued a total of 5,404,000 shares. Some of Net Element'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. Net Element currently has a public float of 4,500,000 shares.

8.17% of Net Element's shares are currently sold short. Here is how the short interest of companies compare to Net Element: Linkage Global Inc (1.25%), Big 5 Sporting Goods Co. (18.19%), Farmer Bros. Co. (0.60%), Akerna Corp. (1.18%), Noodles & Company (7.23%), TH International Limited (1.12%), PetMed Express, Inc. (22.63%), The Children's Place, Inc. (25.16%), Lulu's Fashion Lounge Holdings, Inc. (1.66%), Treasure Global Inc. (3.77%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($7.75 billion), S&P Global Inc. ($7.73 billion), Charter Communications, Inc. ($5.40 billion), Snowflake Inc. ($4.50 billion), Canadian Pacific Kansas City Limited ($4.39 billion), Uber Technologies, Inc. ($4.21 billion), Wayfair Inc. ($4.15 billion), Palo Alto Networks, Inc. ($3.27 billion), Teladoc Health, Inc. ($2.78 billion), and DoorDash, Inc. ($2.62 billion). View all of the most shorted stocks.

Short selling NETE is an investing strategy that aims to generate trading profit from Net Element as its price is falling. 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 Net Element 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 NETE, 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 NETE, twice per month. The most recent reporting period available is October, 15 2021.