NanoString Technologies (NSTG) Short Interest Ratio & Short Volume

Short interest is the volume of NanoString Technologies shares that have been sold short but have not yet been covered or closed out. As of January 31st, investors have sold 6,040,000 shares of NSTG short. Learn More on NanoString Technologies' 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. NSTG shares currently have a short interest ratio of 1.0. Learn More on NanoString Technologies's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of NanoString Technologies: Wolverine Trading LLC, Citadel Advisors LLC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

NanoString Technologies saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 6,040,000 shares, an increase of 3.8% from the previous total of 5,820,000 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 "medical" compare to NanoString Technologies: Synaptogenix, Inc. (1.09%), Bright Minds Biosciences Inc. (2.58%), Palisade Bio, Inc. (0.21%), LumiraDx Limited (2.89%), GT Biopharma, Inc. (0.71%), Sonnet BioTherapeutics Holdings, Inc. (16.27%), Portage Biotech Inc. (0.07%), Finch Therapeutics Group, Inc. (1.70%), Minerva Surgical, Inc. (92.12%), Venus Concept Inc. (0.72%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.48 billion), General Motors ($3.85 billion), Charter Communications, Inc. ($3.38 billion), Occidental Petroleum Co. ($3.00 billion), Super Micro Computer, Inc. ($2.66 billion), Tractor Supply ($2.37 billion), Coinbase Global, Inc. ($2.25 billion), Moderna, Inc. ($2.11 billion), Royal Caribbean Cruises Ltd. ($2.06 billion), and Floor & Decor Holdings, Inc. ($1.67 billion). View all of the most shorted stocks.

Short selling NSTG is an investing strategy that aims to generate trading profit from NanoString Technologies 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 NanoString Technologies 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 NSTG, 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 NSTG, twice per month. The most recent reporting period available is January, 31 2024.