TCTM Kids IT Education (TCTM) Short Interest Ratio & Short Volume

Short interest is the volume of TCTM Kids IT Education shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 34,800 shares of TCTM short. 0.38% of TCTM Kids IT Education's shares are currently sold short. Learn More on TCTM Kids IT Education'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. 0.38% of TCTM Kids IT Education's floating shares are currently sold short.

TCTM Kids IT Education saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 34,800 shares, a decrease of 27.3% from the previous total of 47,900 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.

TCTM Kids IT Education currently has issued a total of 10,760,000 shares. Some of TCTM Kids IT Education'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. TCTM Kids IT Education currently has a public float of 9,260,000 shares.

0.38% of TCTM Kids IT Education's shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to TCTM Kids IT Education: Skillful Craftsman Education Technology Limited (0.07%), Jianzhi Education Technology Group Company Limited (0.01%), Wah Fu Education Group Limited (0.38%), Vivakor, Inc. (1.58%), Marpai, Inc. (2.27%), reAlpha Tech Corp. (4.98%), Fathom Holdings Inc. (1.84%), AppTech Payments Corp. (0.26%), Urgent.ly Inc. (1.30%), Primech Holdings Ltd. (6.91%),

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 TCTM is an investing strategy that aims to generate trading profit from TCTM Kids IT Education as its price is falling. TCTM shares are trading down $0.15 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 TCTM Kids IT Education 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 TCTM, 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 TCTM, twice per month. The most recent reporting period available is April, 15 2024.