SAI.TECH Global (SAI) Short Interest Ratio & Short Volume

Short interest is the volume of SAI.TECH Global shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 30,300 shares of SAI short. 0.56% of SAI.TECH Global's shares are currently sold short. Learn More on SAI.TECH Global's current short interest.

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. 0.56% of SAI.TECH Global's floating shares are currently sold short.

SAI.TECH Global saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 30,300 shares, a decline of 43.2% from the previous total of 53,300 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.

SAI.TECH Global currently has issued a total of 13,320,000 shares. Some of SAI.TECH Global'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. SAI.TECH Global currently has a public float of 5,430,000 shares.

0.56% of SAI.TECH Global's shares are currently sold short. Here is how the short interest of companies compare to SAI.TECH Global: Urgent.ly Inc. (1.38%), RiskOn International, Inc. (2.68%), Arisz Acquisition Corp. (0.10%), BIT Mining Limited (3.76%), Presto Automation Inc. (6.59%), MicroAlgo Inc. (10.47%), Maris-Tech Ltd. (0.36%), 36Kr Holdings Inc. (0.06%), CareMax, Inc. (9.86%), Advanced Health Intelligence Ltd (0.26%),

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.

Short selling SAI is an investing strategy that aims to generate trading profit from SAI.TECH Global as its price is falling. SAI shares are trading down $0.09 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.

A short squeeze for SAI.TECH Global 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 SAI, 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 SAI, twice per month. The most recent reporting period available is March, 31 2024.