Tingo Group (TIO) Short Interest Ratio & Short Volume

Short interest is the volume of Tingo Group shares that have been sold short but have not yet been closed out or covered. As of February 15th, traders have sold 16,240,000 shares of TIO short. 9.86% of Tingo Group's shares are currently sold short. Learn More on Tingo Group'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. 9.86% of Tingo Group's floating shares are currently sold short.

Tingo Group currently has issued a total of 241,950,000 shares. Some of Tingo Group'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. Tingo Group currently has a public float of 164,650,000 shares.

9.86% of Tingo Group's shares are currently sold short. Here is how the short interest of companies compare to Tingo Group: BranchOut Food Inc. (4.85%), Chanson International Holding (7.22%), TDH Holdings, Inc. (0.20%), Sow Good Inc. (18.15%), Steakholder Foods Ltd. (0.06%), Stryve Foods, Inc. (1.97%), Mondelez International, Inc. (1.73%), Conagra Brands, Inc. (2.99%), The Campbell's Company (8.79%), BellRing Brands, Inc. (2.40%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

Short selling TIO is an investing strategy that aims to generate trading profit from Tingo Group 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 Tingo Group 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 TIO, 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 TIO, twice per month. The most recent reporting period available is February, 15 2024.