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DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
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Net Element Short Interest Ratio and Short Volume

-0.18 (-1.53 %)
(As of 11/25/2020 12:00 AM ET)
Today's Range
Now: $11.62
50-Day Range
MA: $7.61
52-Week Range
Now: $11.62
Volume1.27 million shs
Average Volume1.04 million shs
Market Capitalization$56.30 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Net Element (NASDAQ:NETE) Short Interest Data

Current Short Volume:723,100 shares
Previous Short Volume:394,800 shares
Change Vs. Previous Month:+83.16%
Dollar Volume Sold Short:$5.53 million
Short Interest Ratio / Days to Cover:1.0
Last Record Date:October, 30 2020
Outstanding Shares:4,120,000 shares
Short Percent of Float:0.00%
Today's Trading Volume:1,271,715 shares
Average Trading Volume:1,042,128 shares
Today's Volume Vs. Average:22.03%

Net Element (NASDAQ:NETE) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
10/30/2020723,100 $5.53 million 83.2%0.0%0.6$7.65
10/15/2020394,800 $2.49 million 29.1%0.0%0.3$6.31
9/30/2020305,800 $2.25 million 357.8%7.5%0.2$7.35
9/15/202066,800 $454,240.00 128.8%1.6%0$6.80
8/31/202029,200 $181,624.00 -43.2%0.7%0$6.22
8/14/202051,400 $365,454.00 -50.9%1.3%0$7.11
7/31/2020104,700 $973,710.00 -35.5%2.8%0.1$9.30
7/15/2020162,300 $2.38 million -18.9%4.4%0.1$14.68
6/30/2020200,100 $3.15 million 18.2%5.4%0.2$15.74
6/15/2020169,300 $1.35 million 2.3%4.5%0.2$7.99
5/29/2020165,500 $1.16 million -13.0%4.5%1.2$6.98
5/15/2020190,200 $410,832.00 -23.5%5.1%1.6$2.16
4/30/2020248,700 $574,497.00 26.5%7.2%2.2$2.31
4/15/2020196,600 $446,282.00 -0.8%5.7%3.9$2.27
3/31/2020198,100 $388,276.00 -1.0%5.9%4.2$1.96
3/13/2020200,100 $368,184.00 -5.5%6.0%6$1.84
2/28/2020211,800 $415,128.00 -1.4%6.3%5.5$1.96
2/14/2020214,700 $502,398.00 0.9%6.4%5.5$2.34
1/31/2020212,800 $670,320.00 -2.3%6.4%5.6$3.15
1/15/2020217,900 $788,798.00 -2.5%6.5%6.3$3.62
12/31/2019223,400 $759,560.00 -1.7%6.7%7$3.40

Net Element (NASDAQ:NETE) Short Interest FAQ

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What is Net Element's current short interest?

Short interest is the volume of Net Element shares that have been sold short but have not yet been closed out or covered. As of October 30th, investors have sold 723,100 shares of NETE short. 0.00% of Net Element's shares are currently sold short. View details.

What is a good short interest ratio for Net Element?

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. Net Element currently has a short interest ratio of 1.0.

Is Net Element's short interest increasing or decreasing?

Net Element saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 723,100 shares, an increase of 83.2% from the previous total of 394,800 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.

How does Net Element's short interest compare to its competitors?

0.00% of Net Element's shares are currently sold short. Here is how the short interest of companies in the industry of "data processing & preparation" compare to Net Element: GTY Technology Holdings Inc. (2.55%), Liberty TripAdvisor Holdings, Inc. (2.94%), Castlight Health, Inc. (1.68%), Leaf Group Ltd. (5.12%), Renren Inc. (1.01%), Fang Holdings Limited (1.29%), Greenpro Capital Corp. (1.28%), Park City Group, Inc. (1.33%), Akerna Corp. (13.56%), and Support.com, Inc. (0.36%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.66 billion), Aon Plc ($3.83 billion), Analog Devices, Inc. ($3.33 billion), ViacomCBS Inc. ($3.13 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.85 billion), Uber Technologies, Inc. ($2.80 billion), Moderna, Inc. ($2.26 billion), Simon Property Group, Inc. ($2.02 billion), and International Flavors & Fragrances Inc. ($1.96 billion). View all of the most shorted stocks.

What does it mean to sell short Net Element stock?

Short selling NETE is an investing strategy that aims to generate trading profit from Net Element as its price is falling. Net Element's stock is trading down $0.18 today. To short Net Element 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 Net Element 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 Net Element?

A short squeeze for Net Element 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 NETE, which in turn drives the price of the stock up even further.

How often is Net Element's 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 NETE, twice per month. The most recent reporting period available is October, 30 2020.

This page was last updated on 11/26/2020 by MarketBeat.com Staff

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