Star Equity (STRR) Short Interest Ratio & Short Volume

Short interest is the volume of Star Equity shares that have been sold short but have not yet been covered or closed out. As of July 15th, traders have sold 61,100 shares of STRR short. 2.82% of Star Equity's shares are currently sold short. Learn More on Star Equity's current short interest.

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. STRR shares currently have a short interest ratio of 3.0. Learn More on Star Equity's short interest ratio.

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. 2.82% of Star Equity's floating shares are currently sold short.

Star Equity saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 61,100 shares, an increase of 10.9% from the previous total of 55,100 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.

Star Equity currently has issued a total of 3,170,000 shares. Some of Star Equity'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. Star Equity currently has a public float of 2,170,000 shares.

2.82% of Star Equity's shares are currently sold short. Here is how the short interest of companies compare to Star Equity: Cytosorbents Co. (2.67%), Modular Medical, Inc. (0.62%), iCAD, Inc. (0.80%), Cutera, Inc. (23.03%), Spectral AI, Inc. (6.61%), Inspira Technologies Oxy B.H.N. Ltd. (0.23%), Sintx Technologies, Inc. (3.59%), Helius Medical Technologies, Inc. (1.49%), Nuwellis, Inc. (62.33%), Bone Biologics Co. (1.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.13 billion), Royal Caribbean Cruises Ltd. ($2.77 billion), Moderna, Inc. ($2.76 billion), Coinbase Global, Inc. ($2.36 billion), Rivian Automotive, Inc. ($2.22 billion), Paychex, Inc. ($2.02 billion), Tractor Supply ($1.81 billion), Enphase Energy, Inc. ($1.65 billion), Chesapeake Energy Co. ($1.62 billion), and Lululemon Athletica Inc. ($1.58 billion). View all of the most shorted stocks.

Short selling STRR is an investing strategy that aims to generate trading profit from Star Equity as its price is falling. STRR shares are trading down $0.19 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 Star Equity 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 STRR, 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 STRR, twice per month. The most recent reporting period available is July, 15 2024.