Synaptics (SYNA) Short Interest Ratio & Short Volume

Synaptics Short Interest - Frequently Asked Questions

What is Synaptics' current short interest?

Short interest is the volume of Synaptics shares that have been sold short but have not yet been covered or closed out. As of July 15th, traders have sold 4,040,000 shares of SYNA short. 11.99% of Synaptics' shares are currently sold short. Learn More on Synaptics' current short interest.

What is a good short interest ratio for Synaptics?

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. Synaptics currently has a short interest ratio of 8.0. Learn More on Synaptics's short interest ratio.

Which institutional investors are shorting Synaptics?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Synaptics: Walleye Trading LLC, Jane Street Group LLC, Lido Advisors LLC, PEAK6 Investments LLC, Group One Trading L.P., and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Synaptics?

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. 11.99% of Synaptics' floating shares are currently sold short.

Is Synaptics' short interest increasing or decreasing?

Synaptics saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 4,040,000 shares, an increase of 0.7% from the previous total of 4,010,000 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 Synaptics' float size?

Synaptics currently has issued a total of 39,610,000 shares. Some of Synaptics' 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. Synaptics currently has a public float of 33,700,000 shares.

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.50 billion), KLA Co. ($2.53 billion), Lucid Group, Inc. ($2.50 billion), T. Rowe Price Group, Inc. ($1.91 billion), Williams-Sonoma, Inc. ($1.78 billion), Coinbase Global, Inc. ($1.78 billion), HP Inc. ($1.75 billion), Rivian Automotive, Inc. ($1.70 billion), Lumen Technologies, Inc. ($1.58 billion), and Chesapeake Energy Co. ($1.45 billion). View all of the most shorted stocks.

What does it mean to sell short Synaptics stock?

Short selling SYNA is an investing strategy that aims to generate trading profit from Synaptics as its price is falling. Synaptics' stock is trading up $0.78 today. To short Synaptics 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 Synaptics 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 Synaptics?

A short squeeze for Synaptics 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 SYNA, which in turn drives the price of the stock up even further.

How often is Synaptics' 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 SYNA, twice per month. The most recent reporting period available is July, 15 2022.