ToughBuilt Industries (TBLT) Short Interest Ratio & Short Volume

Short interest is the volume of ToughBuilt Industries shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 80,400 shares of TBLT short. 11.41% of ToughBuilt Industries' shares are currently sold short. Learn More on ToughBuilt Industries' 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. TBLT shares currently have a short interest ratio of 1.0. Learn More on ToughBuilt Industries'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. 11.41% of ToughBuilt Industries' floating shares are currently sold short.

ToughBuilt Industries saw a decrease in short interest in April. As of April 15th, there was short interest totaling 80,400 shares, a decrease of 16.6% from the previous total of 96,400 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.

ToughBuilt Industries currently has issued a total of 635,000 shares. Some of ToughBuilt 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. ToughBuilt Industries currently has a public float of 704,500 shares.

11.41% of ToughBuilt Industries' shares are currently sold short. Here is how the short interest of companies compare to ToughBuilt Industries: CEA Industries Inc. (0.87%), Energy Focus, Inc. (1.91%), The L.S. Starrett Company (0.63%), The Eastern Company (0.44%), Lifetime Brands, Inc. (0.75%), Hillman Solutions Corp (1.96%), Simpson Manufacturing Co., Inc. (2.29%), ReTo Eco-Solutions, Inc. (2.94%), ENGlobal Co. (0.64%), Intelligent Living Application Group Inc. (0.54%),

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 TBLT is an investing strategy that aims to generate trading profit from ToughBuilt Industries as its price is falling. TBLT shares are trading down $0.20 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 ToughBuilt Industries 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 TBLT, 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 TBLT, twice per month. The most recent reporting period available is April, 15 2024.