Salem Media Group Short Interest Ratio and Short Volume

-0.05 (-2.54 %)
(As of 05/10/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume358,934 shs
Average Volume773,540 shs
Market Capitalization$51.23 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Salem Media Group (NASDAQ:SALM) Short Interest Data

Current Short Volume220,800 shares
Previous Short Volume302,300 shares
Change Vs. Previous Month-26.96%
Dollar Volume Sold Short$492,384.00
Short Interest Ratio / Days to Cover0.2
Last Record DateApril, 15 2021
Outstanding Shares20,630,000 shares
Float Size10,060,000 shares
Short Percent of Float2.19%
Today's Trading Volume358,934 shares
Average Trading Volume773,540 shares
Today's Volume Vs. Average-53.60%

Short Interest Over Time

Salem Media Group (NASDAQ:SALM) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021220,800 shares $492,384.00 -27.0%2.2%0.2$2.23
3/31/2021302,300 shares $882,716.00 -25.3%3.0%0.3$2.92
3/15/2021404,700 shares $1.44 million -29.6%4.1%0.4$3.57
2/26/2021574,500 shares $1.51 million +13.1%5.8%0.7$2.63
2/12/2021507,900 shares $1.31 million +4.7%5.1%0.6$2.58
1/29/2021485,000 shares $950,600.00 -12.8%4.4%0.8$1.96
1/15/2021555,900 shares $861,645.00 -13.4%5.0%1.2$1.55
12/31/2020642,100 shares $706,310.00 -13.1%5.8%1.1$1.10
12/15/2020739,200 shares $768,768.00 -28.2%6.6%0.8$1.04
11/30/20201,030,000 shares $1.16 million -28.0%9.2%0.9$1.13
11/15/20201,430,000 shares $1.36 million -13.9%12.8%1.2$0.95
10/30/20201,660,000 shares $1.49 million +13.7%14.9%1.3$0.90
10/15/20201,460,000 shares $1.47 million +29.2%13.1%1$1.01
9/30/20201,130,000 shares $1.03 million -10.3%10.1%0.6$0.92
9/15/20201,260,000 shares $1.55 million +68.9%11.3%0.7$1.23
8/31/2020746,100 shares $723,717.00 -20.8%6.7%0.5$0.97
8/14/2020942,400 shares $1.25 million -1.5%8.5%0.6$1.33
7/31/2020956,500 shares $1.60 million +147.0%8.6%0.7$1.67
7/15/2020387,300 shares $348,027.78 +6.4%3.5%0.3$0.90
6/30/2020363,900 shares $411,207.00 +34.8%3.3%0.8$1.13
6/15/2020270,000 shares $280,800.00 -7.6%2.4%0.7$1.04
5/29/2020292,300 shares $257,370.15 +2.6%2.6%3.4$0.88
5/15/2020284,900 shares $210,826.00 -5.6%2.6%3.9$0.74
4/30/2020301,700 shares $260,397.27 +3.1%2.7%4.2$0.86
4/15/2020292,600 shares $283,822.00 +7.1%2.6%4.2$0.97

Salem Media Group (NASDAQ:SALM) Short Interest FAQ

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What is Salem Media Group's current short interest?

Short interest is the volume of Salem Media Group shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 220,800 shares of SALM short. 2.19% of Salem Media Group's shares are currently sold short. View details.

What is a good short interest percentage for Salem Media Group?

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. 2.19% of Salem Media Group's floating shares are currently sold short.

Is Salem Media Group's short interest increasing or decreasing?

Salem Media Group saw a decline in short interest in April. As of April 15th, there was short interest totaling 220,800 shares, a decline of 27.0% from the previous total of 302,300 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.

What is Salem Media Group's float size?

Salem Media Group currently has issued a total of 26,684,000 shares. Some of Salem Media Group'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. Salem Media Group currently has a public float of 10,060,000 shares.

How does Salem Media Group's short interest compare to its competitors?

2.19% of Salem Media Group's shares are currently sold short. Here is how the short interest of companies in the industry of "radio broadcasting stations" compare to Salem Media Group: Spotify Technology S.A. (3.69%), Tencent Music Entertainment Group (0.00%), Sirius XM Holdings Inc. (17.46%), Corus Entertainment Inc. (0.00%), Urban One, Inc. (0.00%), Cumulus Media Inc. (0.00%), Townsquare Media, Inc. (1.58%), Saga Communications, Inc. (2.31%), Urban One, Inc. (0.54%), and Beasley Broadcast Group, Inc. (0.50%).

Which stocks are the most shorted right now?

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.

What does it mean to sell short Salem Media Group stock?

Short selling SALM is an investing strategy that aims to generate trading profit from Salem Media Group as its price is falling. Salem Media Group's stock is trading down $0.05 today. To short Salem Media Group 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 Salem Media Group 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 Salem Media Group?

A short squeeze for Salem Media Group 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 SALM, which in turn drives the price of the stock up even further.

How often is Salem Media Group'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 SALM, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/11/2021 by Staff
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