ServiceSource International (SREV) Short Interest Ratio & Short Volume

Short interest is the volume of ServiceSource International shares that have been sold short but have not yet been closed out or covered. As of June 30th, investors have sold 148,700 shares of SREV short. 0.18% of ServiceSource International's shares are currently sold short. Learn More on ServiceSource International'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. 0.18% of ServiceSource International's floating shares are currently sold short.

ServiceSource International saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 148,700 shares, a drop of 1.7% from the previous total of 151,200 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.

ServiceSource International currently has issued a total of 100,261,000 shares. Some of ServiceSource International'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. ServiceSource International currently has a public float of 80,970,000 shares.

0.18% of ServiceSource International's shares are currently sold short. Here is how the short interest of companies compare to ServiceSource International: Unisys Co. (1.66%), Forrester Research, Inc. (2.53%), International Business Machines Co. (2.14%), Accenture plc (1.40%), Cognizant Technology Solutions Co. (3.81%), Gartner, Inc. (2.71%), Leidos Holdings, Inc. (2.71%), Booz Allen Hamilton Holding Co. (3.03%), Amdocs Limited (3.05%), CACI International Inc (6.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.48 billion), Occidental Petroleum Corporation ($3.23 billion), TC Energy Corporation ($2.86 billion), Lucid Group, Inc. ($2.34 billion), T. Rowe Price Group, Inc. ($1.87 billion), HP Inc. ($1.83 billion), GameStop Corp. ($1.63 billion), Coinbase Global, Inc. ($1.53 billion), Rivian Automotive, Inc. ($1.45 billion), and Lumen Technologies, Inc. ($1.42 billion). View all of the most shorted stocks.

Short selling SREV is an investing strategy that aims to generate trading profit from ServiceSource International 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 ServiceSource International 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 SREV, 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 SREV, twice per month. The most recent reporting period available is June, 30 2022.