Rand Capital Short Interest Ratio and Short Volume

Short interest is the volume of Rand Capital shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 4,300 shares of RAND short. 0.67% of Rand Capital's shares are currently sold short. View details.

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. Rand Capital currently has a short interest ratio of 1.0.

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. 0.67% of Rand Capital's floating shares are currently sold short.

Rand Capital saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 4,300 shares, an increase of 95.5% from the previous total of 2,200 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.

Rand Capital currently has issued a total of 2,582,000 shares. Some of Rand Capital'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. Rand Capital currently has a public float of 643,600 shares.

0.67% of Rand Capital's shares are currently sold short. Here is how the short interest of companies in the industry of "investors, not elsewhere classified" compare to Rand Capital: Portman Ridge Finance Co. (0.00%), Safeguard Scientifics, Inc. (3.51%), First Eagle Alternative Capital BDC, Inc. (0.23%), OFS Capital Co. (0.23%), 180 Degree Capital Corp. (0.39%), Investcorp Credit Management BDC, Inc. (0.00%), Allied Minds plc (0.00%), Live Ventures Incorporated (0.61%), Capitala Finance Corp. (0.61%), and Dragon Victory International Limited (10.21%).

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.

Short selling RAND is an investing strategy that aims to generate trading profit from Rand Capital as its price is falling. Rand Capital's stock is trading up $0.02 today. To short Rand Capital 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 Rand Capital 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 Rand Capital 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 RAND, 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 RAND, twice per month. The most recent reporting period available is April, 15 2021.