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Cash Holders STILL Aren’t Taking Steps to Prepare (Ad)pixel
Saudi Arabia's triumphant week reclaims the West's embrace
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Poverty, inflation, fear: Egypt's economy pushed to brink
Labour conference starts with focus on 'immoral' tax cuts
Cash Holders STILL Aren’t Taking Steps to Prepare (Ad)pixel
German leader continues Gulf tour with stops in UAE, Qatar
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
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QQQ   275.51
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Cash Holders STILL Aren’t Taking Steps to Prepare (Ad)pixel
Saudi Arabia's triumphant week reclaims the West's embrace
Germany secures more gas shipments as Scholz visits Gulf
Cash Holders STILL Aren’t Taking Steps to Prepare (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
Labour conference starts with focus on 'immoral' tax cuts
Cash Holders STILL Aren’t Taking Steps to Prepare (Ad)pixel
German leader continues Gulf tour with stops in UAE, Qatar
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Cash Holders STILL Aren’t Taking Steps to Prepare (Ad)pixel
Saudi Arabia's triumphant week reclaims the West's embrace
Germany secures more gas shipments as Scholz visits Gulf
Cash Holders STILL Aren’t Taking Steps to Prepare (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
Labour conference starts with focus on 'immoral' tax cuts
Cash Holders STILL Aren’t Taking Steps to Prepare (Ad)pixel
German leader continues Gulf tour with stops in UAE, Qatar
Poverty and inflation: Egypt's economy hit by global turmoil
NASDAQ:SMIT

Schmitt Industries - SMIT Short Interest Ratio & Short Volume

$2.06
-0.21 (-9.24%)
(As of 09/23/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.01
$2.22
50-Day Range
$2.06
$4.75
52-Week Range
$2.01
$6.76
Volume
47,805 shs
Average Volume
39,566 shs
Market Capitalization
$7.90 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Schmitt Industries Short Interest Data

Current Short Volume
18,700 shares
Previous Short Volume
11,400 shares
Change Vs. Previous Month
+64.04%
Dollar Volume Sold Short
$75,843.46
Short Interest Ratio / Days to Cover
1.4
Last Record Date
August 31, 2022
Outstanding Shares
3,830,000 shares
Float Size
3,270,000 shares
Short Percent of Float
0.57%
Today's Trading Volume
47,805 shares
Average Trading Volume
39,566 shares
Today's Volume Vs. Average
20.82%
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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Skip Charts & View Short Interest History

SMIT Short Interest Over Time

SMIT Days to Cover Over Time

SMIT Percentage of Float Shorted Over Time



Schmitt Industries (NASDAQ:SMIT) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/31/202218,700 shares $75,843.46 +64.0%0.6%1.4 $4.06
8/15/202211,400 shares $46,968.00 -46.5%0.4%0.8 $4.12
7/31/202221,300 shares $94,785.00 -34.9%0.7%1.4 $4.45
7/15/202232,700 shares $144,151.41 +4.1%1.0%2.2 $4.41
6/30/202231,400 shares $122,460.00 -10.8%1.0%3 $3.90
6/15/202235,200 shares $137,984.00 -18.1%1.1%2.8 $3.92
5/31/202243,000 shares $190,920.00 +36.1%1.3%3.3 $4.44
5/15/202231,600 shares $154,840.00 +507.7%1.0%2.6 $4.90
4/30/20225,200 shares $23,036.00 -16.1%0.2%0.5 $4.43
4/15/20226,200 shares $30,206.40 +148.0%0.2%0.6 $4.87
3/31/20222,500 shares $12,194.00 -74.2%0.1%0.2 $4.88
3/15/20229,700 shares $41,128.00 -21.8%0.3%0.7 $4.24
2/28/202212,400 shares $58,032.00 -5.3%0.4%0.9 $4.68
2/15/202213,100 shares $67,203.00 -25.1%0.4%0.7 $5.13
1/31/202217,500 shares $87,500.00 +49.6%0.5%0.6 $5.00
1/15/202211,700 shares $60,255.00 +216.2%0.4%0.3 $5.15
12/31/20213,700 shares $20,313.00 -39.3%0.1%0.1 $5.49
12/15/20216,100 shares $31,110.00 -76.1%0.2%0.1 $5.10
11/30/202125,500 shares $140,250.00 -7.6%0.8%0.4 $5.50
11/15/202127,600 shares $163,392.00 +10.8%0.8%0.4 $5.92
10/29/202124,900 shares $98,853.00 +25.1%0.7%0.4 $3.97
10/15/202119,900 shares $75,819.00 -84.2%0.6%0.3 $3.81
9/30/2021126,200 shares $542,660.00 +222.8%3.5%2.3 $4.30
9/15/202139,100 shares $167,739.00 +90.7%1.1%1.8 $4.29
8/31/202120,500 shares $103,115.00 -3.8%0.6%1 $5.03
8/13/202121,300 shares $115,872.00 -14.5%0.6%1.1 $5.44
7/30/202124,900 shares $133,215.00 +17.5%0.7%1.2 $5.35
7/15/202121,200 shares $106,848.00 -4.1%0.6%1.1 $5.04
6/30/202122,100 shares $121,550.00 -10.9%0.6%0.9 $5.50
6/15/202124,800 shares $153,264.00 +35.5%0.7%0.9 $6.18
5/28/202118,300 shares $98,821.83 -3.7%0.5%0.7 $5.40
5/14/202119,000 shares $106,400.00 -7.3%0.5%0.8 $5.60
4/30/202120,500 shares $130,380.00 -30.7%0.6%0.8 $6.36
4/15/202129,600 shares $213,120.00 +11.7%0.8%1 $7.20
3/31/202126,500 shares $159,000.00 +32.5%0.8%0.9 $6.00
3/15/202120,000 shares $117,800.00 -2.0%0.6%0.8 $5.89
2/26/202120,400 shares $117,300.00 -18.4%0.6%0.8 $5.75
2/12/202125,000 shares $142,500.00 -22.4%0.7%1.1 $5.70
1/29/202132,200 shares $152,789.00 +24.3%0.9%1.7 $4.75
1/15/202125,900 shares $140,119.00 +13.6%0.7%1.7 $5.41
12/31/202022,800 shares $136,116.00 +19.4%0.7%2.2 $5.97
12/15/202019,100 shares $122,240.00 +2.1%0.6%1.9 $6.40
11/30/202018,700 shares $105,937.37 -7.9%0.5%1.9 $5.67
11/15/202020,300 shares $111,041.00 -6.5%0.6%1.7 $5.47
10/30/202021,700 shares $112,623.00 +4.8%0.6%1.6 $5.19
10/15/202020,700 shares $106,398.00 -26.9%0.6%1.3 $5.14
9/30/202028,300 shares $146,475.14 -25.5%0.8%1 $5.18
9/15/202038,000 shares $200,795.80 -0.3%1.1%1.2 $5.28
8/31/202038,100 shares $177,165.00 +119.0%1.1%0.9 $4.65
8/14/202017,400 shares $77,952.00 +50.0%0.5%0.4 $4.48













SMIT Short Interest - Frequently Asked Questions

What is Schmitt Industries' current short interest?

Short interest is the volume of Schmitt Industries shares that have been sold short but have not yet been closed out or covered. As of August 31st, investors have sold 18,700 shares of SMIT short. 0.57% of Schmitt Industries' shares are currently sold short. Learn More on Schmitt Industries' current short interest.

What is a good short interest ratio for Schmitt Industries?

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. SMIT shares currently have a short interest ratio of 1.0. Learn More on Schmitt Industries's short interest ratio.

What is a good short interest percentage for Schmitt Industries?

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. 0.57% of Schmitt Industries' floating shares are currently sold short.

Is Schmitt Industries' short interest increasing or decreasing?

Schmitt Industries saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 18,700 shares, an increase of 64.0% from the previous total of 11,400 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 Schmitt Industries' float size?

Schmitt Industries currently has issued a total of 3,830,000 shares. Some of Schmitt Industries' 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. Schmitt Industries currently has a public float of 3,270,000 shares.

How does Schmitt Industries' short interest compare to its competitors?

0.57% of Schmitt Industries' shares are currently sold short. Here is how the short interest of companies in the sector of "industrial products" compare to Schmitt Industries: ClearSign Technologies Co. (1.40%), SuperCom Ltd. (2.01%), Guardforce AI Co., Limited (9.16%), Euro Tech Holdings Company Limited (1.01%), Art's-Way Manufacturing Co., Inc. (1.61%), Highway Holdings Limited (0.11%), LogicMark, Inc. (4.47%), JE Cleantech Holdings Limited (2.71%), Meta Data Limited (0.61%), and Crown ElectroKinetics Corp. (0.14%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.91 billion), Charter Communications, Inc. ($3.53 billion), Suncor Energy Inc. ($2.26 billion), T. Rowe Price Group, Inc. ($2.01 billion), Chesapeake Energy Co. ($1.92 billion), Lucid Group, Inc. ($1.84 billion), Plug Power Inc. ($1.81 billion), Williams-Sonoma, Inc. ($1.66 billion), Coinbase Global, Inc. ($1.64 billion), and Lumen Technologies, Inc. ($1.50 billion). View all of the most shorted stocks.

What does it mean to sell short Schmitt Industries stock?

Short selling SMIT is an investing strategy that aims to generate trading profit from Schmitt Industries as its price is falling. SMIT shares are trading down $0.21 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 Schmitt Industries?

A short squeeze for Schmitt Industries 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 SMIT, which in turn drives the price of the stock up even further.

How often is Schmitt Industries' 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 SMIT, twice per month. The most recent reporting period available is August, 31 2022.



This page (NASDAQ:SMIT) was last updated on 9/25/2022 by MarketBeat.com Staff

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