Rimini Street (RMNI) Short Interest Ratio & Short Volume → New crypto project uncovers 2,050% in 65 days (From InvestorPlace) (Ad) Free RMNI Stock Alerts $2.92 +0.02 (+0.69%) (As of 11:02 AM ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Rimini Street Short Interest DataCurrent Short Volume3,960,000 sharesPrevious Short Volume3,930,000 sharesChange Vs. Previous Month+0.76%Dollar Volume Sold Short$12.91 millionShort Interest Ratio / Days to Cover14.6Last Record DateMarch 31, 2024Outstanding Shares89,900,000 sharesFloat Size45,630,000 sharesShort Percent of Float8.68%Today's Trading Volume34,675 sharesAverage Trading Volume267,208 sharesToday's Volume Vs. Average13% Short Selling Rimini Street ? Sign up to receive the latest short interest report for Rimini Street and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatRMNI Short Interest Over TimeRMNI Days to Cover Over TimeRMNI Percentage of Float Shorted Over Time Ad InvestorPlaceNew crypto project uncovers 2,050% in 65 daysDuring the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.Just click here to sign up and be among the first to get it. Rimini Street Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 3/31/20243,960,000 shares $12.91 million +0.8%8.7%14.6 $3.26 3/15/20243,930,000 shares $12.38 million +0.5%8.6%15 $3.15 2/29/20243,910,000 shares $12.63 million +2.1%8.6%12.7 $3.23 2/15/20243,830,000 shares $12.64 million +14.7%8.4%11.4 $3.30 1/31/20243,340,000 shares $10.96 million +65.4%7.4%8.3 $3.28 1/15/20242,020,000 shares $6.52 million -4.7%4.4%4.9 $3.23 Get the Latest News and Ratings for RMNI and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Rimini Street and its competitors with MarketBeat's FREE daily newsletter. 12/31/20232,120,000 shares $6.93 million +19.8%4.5%5.3 $3.27 12/15/20231,770,000 shares $5.47 million -5.4%3.8%4.1 $3.09 11/30/20231,870,000 shares $5.87 million +2.8%4.0%4.3 $3.14 11/15/20231,820,000 shares $5.64 million No Change3.9%4.4 $3.10 10/31/20231,820,000 shares $3.95 million +5.2%3.9%4.5 $2.17 10/15/20231,730,000 shares $3.48 million -13.5%3.7%2.6 $2.01 9/30/20232,000,000 shares $4.40 million -6.5%4.3%3 $2.20 9/15/20232,140,000 shares $4.92 million +8.1%4.6%3.3 $2.30 8/31/20231,980,000 shares $4.79 million +1.0%4.3%3.3 $2.42 8/15/20231,960,000 shares $4.90 million -4.9%3.8%3.2 $2.50 7/31/20232,060,000 shares $5.60 million -29.2%4.0%3.4 $2.72 7/15/20232,910,000 shares $14.84 million +6.6%5.7%9.1 $5.10 6/30/20232,730,000 shares $13.08 million +5.4%5.4%8.7 $4.79 6/15/20232,590,000 shares $12.33 million +0.8%5.1%8.4 $4.76 5/31/20232,570,000 shares $11.82 million -14.6%5.0%8.3 $4.60 5/15/20233,010,000 shares $11.41 million +19.9%5.9%10.4 $3.79 4/30/20232,510,000 shares $9.39 million +5.0%4.9%9.5 $3.74 4/15/20232,390,000 shares $9.56 million +10.7%4.7%9.7 $4.00 3/31/20232,160,000 shares $8.90 million -5.3%4.5%7.9 $4.12 3/15/20232,280,000 shares $9.35 million +9.6%4.8%8.1 $4.10 2/28/20232,080,000 shares $8.90 million +11.8%4.5%6.7 $4.28 2/15/20231,860,000 shares $9.02 million -3.6%4.0%6.3 $4.85 1/31/20231,930,000 shares $8.69 million +32.2%4.1%5.5 $4.50 1/15/20231,460,000 shares $6.26 million -8.2%3.1%3.9 $4.29 12/30/20221,590,000 shares $6.06 million +6.7%3.4%4.4 $3.81 12/15/20221,490,000 shares $5.35 million +5.7%3.2%4.1 $3.59 11/30/20221,410,000 shares $5.92 million -19.0%3.0%3.8 $4.20 11/15/20221,740,000 shares $7.13 million -13.9%3.8%4.3 $4.10 10/31/20222,020,000 shares $11.33 million -12.6%4.4%4.9 $5.61 10/15/20222,310,000 shares $11.02 million -6.1%5.0%5.8 $4.77 9/30/20222,460,000 shares $11.46 million +43.9%5.4%6.4 $4.66 9/15/20221,710,000 shares $8.57 million +14.0%3.7%4.2 $5.01 8/31/20221,500,000 shares $7.56 million -6.8%3.3%3.9 $5.04 8/15/20221,610,000 shares $8.57 million +1.9%3.5%4.6 $5.32New crypto project uncovers 2,050% in 65 days (Ad)During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.Just click here to sign up and be among the first to get it. RMNI Short Interest - Frequently Asked Questions What is Rimini Street's current short interest? Short interest is the volume of Rimini Street shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 3,960,000 shares of RMNI short. 8.68% of Rimini Street's shares are currently sold short. Learn More on Rimini Street's current short interest. What is a good short interest ratio for Rimini Street? 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. RMNI shares currently have a short interest ratio of 15.0. Learn More on Rimini Street's short interest ratio. Which institutional investors are shorting Rimini Street? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Rimini Street: Citadel Advisors LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Rimini Street? 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. 8.68% of Rimini Street's floating shares are currently sold short. Is Rimini Street's short interest increasing or decreasing? Rimini Street saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,960,000 shares, an increase of 0.8% from the previous total of 3,930,000 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 Rimini Street's float size? Rimini Street currently has issued a total of 89,900,000 shares. Some of Rimini Street'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. Rimini Street currently has a public float of 45,630,000 shares. How does Rimini Street's short interest compare to its competitors? 8.68% of Rimini Street's shares are currently sold short. Here is how the short interest of companies compare to Rimini Street: Priority Technology Holdings, Inc. (0.98%), PaySign, Inc. (2.87%), OptimizeRx Co. (4.10%), ZeroFox Holdings, Inc. (0.39%), Zhihu Inc. (1.99%), Emerald Holding, Inc. (1.73%), DHI Group, Inc. (2.89%), Edgio, Inc. (8.44%), comScore, Inc. (3.05%), Gravity Co., Ltd. (0.16%), 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 Rimini Street stock? Short selling RMNI is an investing strategy that aims to generate trading profit from Rimini Street as its price is falling. RMNI shares are trading down $0.04 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 Rimini Street? A short squeeze for Rimini Street 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 RMNI, which in turn drives the price of the stock up even further. How often is Rimini Street'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 RMNI, twice per month. The most recent reporting period available is March, 31 2024. 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