S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Peace, music and memories: As the 1960s fade, historians scramble to capture Woodstock's voices
Georgia's largest county is still repairing damage from January cyberattack

Rimini Street (RMNI) Short Interest Ratio & Short Volume

$3.20
-0.03 (-0.93%)
(As of 03/1/2024 ET)

Rimini Street Short Interest Data

Current Short Volume
3,830,000 shares
Previous Short Volume
3,340,000 shares
Change Vs. Previous Month
+14.67%
Dollar Volume Sold Short
$12.64 million
Short Interest Ratio / Days to Cover
11.4
Last Record Date
February 15, 2024
Outstanding Shares
89,389,000 shares
Float Size
45,420,000 shares
Short Percent of Float
8.43%
Today's Trading Volume
215,620 shares
Average Trading Volume
226,810 shares
Today's Volume Vs. Average
95%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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RMNI Short Interest Over Time

RMNI Days to Cover Over Time

RMNI Percentage of Float Shorted Over Time


Rimini Street Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
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
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 $5.32
7/31/20221,580,000 shares $11.09 million -6.5%3.5%4.8 $7.02
7/15/20221,690,000 shares $10.36 million +0.6%3.7%5.5 $6.13
6/30/20221,680,000 shares $10.10 million -4.6%3.7%5.1 $6.01













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 closed out or covered. As of February 15th, traders have sold 3,830,000 shares of RMNI short. 8.43% 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 11.0. 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. 8.43% 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 during the month of February. As of February 15th, there was short interest totaling 3,830,000 shares, an increase of 14.7% from the previous total of 3,340,000 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 89,389,000 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 45,420,000 shares.

How does Rimini Street's short interest compare to its competitors?

8.43% of Rimini Street's shares are currently sold short. Here is how the short interest of companies compare to Rimini Street: OptimizeRx Co. (4.86%), Priority Technology Holdings, Inc. (1.10%), PaySign, Inc. (2.75%), ZeroFox Holdings, Inc. (0.59%), DHI Group, Inc. (1.81%), Emerald Holding, Inc. (1.69%), comScore, Inc. (2.16%), Zhihu Inc. (2.11%), Gravity Co., Ltd. (0.17%), Liquidity Services, Inc. (5.28%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 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 $0.03 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 increases 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 February, 15 2024.



More Short Interest Resources from MarketBeat

This page (NASDAQ:RMNI) was last updated on 3/2/2024 by MarketBeat.com Staff