TransMedics Group Short Interest Ratio and Short Volume

-0.97 (-3.73 %)
(As of 04/20/2021 12:00 AM ET)
Today's Range
Now: $25.04
50-Day Range
MA: $36.45
52-Week Range
Now: $25.04
Volume589,405 shs
Average Volume814,513 shs
Market Capitalization$685.34 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

TransMedics Group (NASDAQ:TMDX) Short Interest Data

Current Short Volume973,300 shares
Previous Short Volume744,400 shares
Change Vs. Previous Month+30.75%
Dollar Volume Sold Short$27.85 million
Short Interest Ratio / Days to Cover1.1
Last Record DateMarch, 31 2021
Outstanding Shares21,090,000 shares
Percentage of Shares Shorted3.56%
Today's Trading Volume589,405 shares
Average Trading Volume814,513 shares
Today's Volume Vs. Average-27.64%

Short Interest Over Time

TransMedics Group (NASDAQ:TMDX) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2021973,300 shares $27.85 million +30.8%N/A1.1 $28.61
3/15/2021744,400 shares $29.60 million -35.3%N/A1.1 $39.76
2/26/20211,150,000 shares $38.62 million +33.8%N/A2.1 $33.58
2/12/2021859,300 shares $30.84 million -4.2%N/A2.1 $35.89
1/29/2021896,700 shares $26.92 million +3.3%N/A6 $30.02
1/15/2021868,200 shares $20.30 million +2.1%N/A8.9 $23.38
12/31/2020839,400 shares $15.19 million -10.4%N/A7 $18.10
12/15/2020839,400 shares $15.57 million -10.4%N/A7 $18.55
11/30/2020937,200 shares $17.50 million -2.9%N/A6.3 $18.67
11/15/2020965,200 shares $14.39 million +10.6%N/A6 $14.91
10/30/2020873,100 shares $12.51 million -9.1%N/A5.1 $14.33
10/15/2020960,900 shares $12.54 million -39.9%N/A5.3 $13.05
9/30/20201,600,000 shares $20.82 million +15.1%N/A8.4 $13.01
9/15/20201,390,000 shares $19.95 million +18.8%N/A7.7 $14.35
8/31/20201,170,000 shares $19.81 million -0.9%N/A7.2 $16.93
8/14/20201,180,000 shares $20.61 million -9.2%N/A5.7 $17.47
7/31/20201,300,000 shares $24.19 million -10.3%N/A6.6 $18.61
7/15/20201,450,000 shares $26.19 million +10.7%N/A7.7 $18.06
6/30/20201,310,000 shares $22.70 million +21.3%6.5%7.1 $17.33
6/15/20201,080,000 shares $17.95 million -46.5%5.4%6.5 $16.62
5/29/20202,020,000 shares $33.94 million +49.6%10.0%12.4 $16.80
5/15/20201,350,000 shares $17.83 million +3.1%8.5%8.8 $13.21
4/30/20201,310,000 shares $18.31 million No Change8.3%9.8 $13.98
4/15/20201,310,000 shares $22.13 million -5.8%8.3%9.6 $16.89
3/31/20201,390,000 shares $24.71 million -11.2%8.9%9.2 $17.78

TransMedics Group (NASDAQ:TMDX) Short Interest FAQ

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What is TransMedics Group's current short interest?

Short interest is the volume of TransMedics Group shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 973,300 shares of TMDX short.

What is a good short interest ratio for TransMedics Group?

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. TransMedics Group currently has a short interest ratio of 1.0.

Is TransMedics Group's short interest increasing or decreasing?

TransMedics Group saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 973,300 shares, an increase of 30.7% from the previous total of 744,400 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.

How does TransMedics Group's short interest compare to its competitors?

0.00% of TransMedics Group's shares are currently sold short. Here is how the short interest of companies in the industry of "electromedical equipment" compare to TransMedics Group: InMode Ltd. (6.14%), Outset Medical, Inc. (3.77%), BioLife Solutions, Inc. (3.43%), Natus Medical Incorporated (2.61%), AxoGen, Inc. (1.90%), Semler Scientific, Inc. (0.00%), ViewRay, Inc. (0.00%), Stereotaxis, Inc. (1.59%), Zynex, Inc. (20.68%), and Cutera, Inc. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short TransMedics Group stock?

Short selling TMDX is an investing strategy that aims to generate trading profit from TransMedics Group as its price is falling. TransMedics Group's stock is trading down $0.97 today. To short TransMedics Group 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 TransMedics Group 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 TransMedics Group?

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

How often is TransMedics Group's 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 TMDX, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/20/2021 by Staff
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