Urban One Short Interest Ratio and Short Volume

Short interest is the volume of Urban One shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 144,700 shares of UONEK short. 0.77% of Urban One's shares are currently sold short. View details.

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. 0.77% of Urban One's floating shares are currently sold short.

Urban One saw a increase in short interest in March. As of March 31st, there was short interest totaling 144,700 shares, an increase of 34.7% from the previous total of 107,400 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.

Urban One currently has issued a total of 49,159,000 shares. Some of Urban One'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. Urban One currently has a public float of 18,840,000 shares.

0.77% of Urban One's shares are currently sold short. Here is how the short interest of companies in the industry of "radio broadcasting stations" compare to Urban One: Spotify Technology S.A. (4.06%), Tencent Music Entertainment Group (0.00%), Sirius XM Holdings Inc. (16.62%), Corus Entertainment Inc. (0.00%), Urban One, Inc. (0.00%), Cumulus Media Inc. (0.00%), Townsquare Media, Inc. (1.47%), Saga Communications, Inc. (1.95%), Beasley Broadcast Group, Inc. (0.31%), and Salem Media Group, Inc. (3.03%).

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.

Short selling UONEK is an investing strategy that aims to generate trading profit from Urban One as its price is falling. Urban One's stock is trading up $0.08 today. To short Urban One 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 Urban One 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 Urban One 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 UONEK, 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 UONEK, twice per month. The most recent reporting period available is March, 31 2021.