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META   484.32 (+0.68%)
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AMZN   177.21 (+1.48%)
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NVDA   795.17 (+4.35%)
AMD   149.01 (+1.62%)
NIO   4.02 (+5.79%)
BABA   70.68 (+2.33%)
T   16.34 (-1.03%)
F   12.86 (+5.93%)
MU   109.13 (+2.21%)
GE   151.45 (+2.29%)
CGC   8.07 (+1.77%)
DIS   113.43 (+0.73%)
AMC   3.38 (+6.96%)
PFE   26.48 (+1.85%)
PYPL   63.41 (+1.77%)
XOM   121.31 (+1.19%)
QQQ   419.79 (+1.24%)
AAPL   166.93 (+1.17%)
MSFT   400.73 (+0.40%)
META   484.32 (+0.68%)
GOOGL   157.08 (+1.94%)
AMZN   177.21 (+1.48%)
TSLA   142.26 (-3.26%)
NVDA   795.17 (+4.35%)
AMD   149.01 (+1.62%)
NIO   4.02 (+5.79%)
BABA   70.68 (+2.33%)
T   16.34 (-1.03%)
F   12.86 (+5.93%)
MU   109.13 (+2.21%)
GE   151.45 (+2.29%)
CGC   8.07 (+1.77%)
DIS   113.43 (+0.73%)
AMC   3.38 (+6.96%)
PFE   26.48 (+1.85%)
PYPL   63.41 (+1.77%)
XOM   121.31 (+1.19%)
QQQ   419.79 (+1.24%)
AAPL   166.93 (+1.17%)
MSFT   400.73 (+0.40%)
META   484.32 (+0.68%)
GOOGL   157.08 (+1.94%)
AMZN   177.21 (+1.48%)
TSLA   142.26 (-3.26%)
NVDA   795.17 (+4.35%)
AMD   149.01 (+1.62%)
NIO   4.02 (+5.79%)
BABA   70.68 (+2.33%)
T   16.34 (-1.03%)
F   12.86 (+5.93%)
MU   109.13 (+2.21%)
GE   151.45 (+2.29%)
CGC   8.07 (+1.77%)
DIS   113.43 (+0.73%)
AMC   3.38 (+6.96%)
PFE   26.48 (+1.85%)
PYPL   63.41 (+1.77%)
XOM   121.31 (+1.19%)

Open Text (OTEX) Short Interest Ratio & Short Volume

$35.51
+0.46 (+1.31%)
(As of 02:04 PM ET)

Open Text Short Interest Data

Current Short Volume
5,530,000 shares
Previous Short Volume
5,450,000 shares
Change Vs. Previous Month
+1.47%
Dollar Volume Sold Short
$214.73 million
Short Interest Ratio / Days to Cover
9.7
Last Record Date
March 31, 2024
Outstanding Shares
272,560,000 shares
Float Size
266,090,000 shares
Short Percent of Float
2.08%
Today's Trading Volume
366,383 shares
Average Trading Volume
566,431 shares
Today's Volume Vs. Average
65%
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OTEX Short Interest Over Time

OTEX Days to Cover Over Time

OTEX Percentage of Float Shorted Over Time

Open Text Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20245,530,000 shares $214.73 million +1.5%2.1%9.7 $38.83
3/15/20245,450,000 shares $209.72 million +7.3%2.1%9.8 $38.48
2/29/20245,080,000 shares $195.53 million +2.2%1.9%9.1 $38.49
2/15/20244,970,000 shares $201.53 million -4.6%1.9%8.7 $40.55
1/31/20245,210,000 shares $227.21 million +14.3%2.0%9.7 $43.61
1/15/20244,560,000 shares $189.47 million -2.4%1.7%8.8 $41.55
12/31/20234,670,000 shares $196.23 million -10.0%1.8%9 $42.02
12/15/20235,190,000 shares $213.36 million -30.5%2.0%9.6 $41.11
11/30/20237,470,000 shares $299.85 million -11.0%2.8%13.7 $40.14
11/15/20238,390,000 shares $322.76 million +11.7%3.2%16.3 $38.47
10/31/20237,510,000 shares $250.83 million -11.0%2.8%14.7 $33.40
10/15/20238,440,000 shares $291.01 million +12.7%3.2%17.6 $34.48
9/30/20237,490,000 shares $262.90 million -3.0%2.8%16.3 $35.10
9/15/20237,720,000 shares $300.93 million +15.7%2.9%17.8 $38.98
8/31/20236,670,000 shares $268.53 million +18.7%2.5%16 $40.26
8/15/20235,620,000 shares $209.85 million +7.7%2.1%13 $37.34
7/31/20235,220,000 shares $224.20 million +2.0%2.0%11.6 $42.95
7/15/20235,120,000 shares $212.79 million -9.9%1.9%11.3 $41.56
6/30/20235,680,000 shares $236.00 million -17.7%2.1%12 $41.55
6/15/20236,900,000 shares $289.39 million -3.9%2.6%13.2 $41.94
5/31/20237,180,000 shares $298.83 million -9.9%2.7%11.6 $41.62
5/15/20237,970,000 shares $324.78 million -10.6%3.0%12.6 $40.75
4/30/20238,910,000 shares $337.60 million +4.1%3.4%12.9 $37.89
4/15/20238,560,000 shares $336.07 million -9.8%3.2%12.2 $39.26
3/31/20239,490,000 shares $365.84 million +32.4%3.6%13.1 $38.55
3/15/20237,170,000 shares $254.39 million +68.3%2.7%9.9 $35.48
2/28/20234,260,000 shares $146.46 million +31.1%1.6%6.5 $34.38
2/15/20233,250,000 shares $117.78 million -17.9%1.2%5 $36.24
1/31/20233,960,000 shares $132.86 million -7.3%1.6%5.7 $33.55
1/15/20234,270,000 shares $139.24 million +5.4%1.6%6.2 $32.61
12/30/20224,050,000 shares $120.04 million -0.3%1.5%5.7 $29.64
12/15/20224,060,000 shares $116.97 million -19.9%1.5%5.3 $28.81
11/30/20225,070,000 shares $148.96 million -0.6%1.9%6.1 $29.38
11/15/20225,100,000 shares $150.20 million +4.1%1.9%5.3 $29.45
10/31/20224,900,000 shares $141.86 million -11.1%1.9%5.4 $28.95
10/15/20225,510,000 shares $141.94 million -8.3%2.1%6.5 $25.76
9/30/20226,010,000 shares $158.90 million +8.5%2.3%7.5 $26.44
9/15/20225,540,000 shares $161.88 million +47.0%2.1%7.6 $29.22
8/31/20223,770,000 shares $118.68 million +15.3%1.4%5.7 $31.48
8/15/20223,270,000 shares $130.15 million -1.2%1.2%6.4 $39.80
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OTEX Short Interest - Frequently Asked Questions

What is Open Text's current short interest?

Short interest is the volume of Open Text shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 5,530,000 shares of OTEX short. 2.08% of Open Text's shares are currently sold short. Learn More on Open Text's current short interest.

What is a good short interest ratio for Open Text?

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. OTEX shares currently have a short interest ratio of 10.0. Learn More on Open Text's short interest ratio.

Which institutional investors are shorting Open Text?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Open Text: PEAK6 Investments LLC, Genus Capital Management Inc., Simplex Trading LLC, and Wolverine Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Open Text?

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. 2.08% of Open Text's floating shares are currently sold short.

Is Open Text's short interest increasing or decreasing?

Open Text saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 5,530,000 shares, an increase of 1.5% from the previous total of 5,450,000 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.

What is Open Text's float size?

Open Text currently has issued a total of 272,560,000 shares. Some of Open Text'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. Open Text currently has a public float of 266,090,000 shares.

How does Open Text's short interest compare to its competitors?

2.08% of Open Text's shares are currently sold short. Here is how the short interest of companies compare to Open Text: Parsons Co. (4.00%), CACI International Inc (1.12%), Jack Henry & Associates, Inc. (2.51%), Science Applications International Co. (1.02%), SPS Commerce, Inc. (1.64%), Pegasystems Inc. (1.68%), Verint Systems Inc. (2.31%), Samsara Inc. (6.60%), GoDaddy Inc. (1.72%), Onto Innovation Inc. (2.59%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

What does it mean to sell short Open Text stock?

Short selling OTEX is an investing strategy that aims to generate trading profit from Open Text as its price is falling. OTEX shares are trading up $0.46 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.

How does a short squeeze work against Open Text?

A short squeeze for Open Text 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 OTEX, which in turn drives the price of the stock up even further.

How often is Open Text'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 OTEX, twice per month. The most recent reporting period available is March, 31 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:OTEX) was last updated on 4/22/2024 by MarketBeat.com Staff

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