Selina Hospitality (SLNA) Short Interest Ratio & Short Volume

Short interest is the volume of Selina Hospitality shares that have been sold short but have not yet been closed out or covered. As of April 15th, investors have sold 3,720,000 shares of SLNA short. 8.07% of Selina Hospitality's shares are currently sold short. Learn More on Selina Hospitality'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. 8.07% of Selina Hospitality's floating shares are currently sold short.

Selina Hospitality saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,720,000 shares, an increase of 659.6% from the previous total of 489,700 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.

Selina Hospitality currently has issued a total of 0 shares. Some of Selina Hospitality'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. Selina Hospitality currently has a public float of 46,070,000 shares.

8.07% of Selina Hospitality's shares are currently sold short. Here is how the short interest of companies in the sector of "consumer discretionary" compare to Selina Hospitality: Safe & Green Holdings Corp. (1.48%), Hempacco Co., Inc. (4.99%), Casa Systems, Inc. (1.26%), The Singing Machine Company, Inc. (3.73%), China Liberal Education Holdings Limited (0.45%), Interactive Strength Inc. (2.86%), SharpLink Gaming, Inc. (1.08%), MultiMetaVerse Holdings Limited (0.51%), Chicken Soup for the Soul Entertainment, Inc. (1.70%), Gamer Pakistan Inc. (0.31%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling SLNA is an investing strategy that aims to generate trading profit from Selina Hospitality as its price is falling. 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 Selina Hospitality 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 SLNA, 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 SLNA, twice per month. The most recent reporting period available is April, 15 2024.