USA Truck Short Interest Ratio and Short Volume

Short interest is the volume of USA Truck shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 135,400 shares of USAK short. 1.87% of USA Truck's shares are currently sold short. View details.

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. USA Truck currently has a short interest ratio of 1.0.

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. 1.87% of USA Truck's floating shares are currently sold short.

USA Truck saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 135,400 shares, an increase of 55.5% from the previous total of 87,100 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.

USA Truck currently has issued a total of 8,901,000 shares. Some of USA Truck'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. USA Truck currently has a public float of 7,250,000 shares.

1.87% of USA Truck's shares are currently sold short. Here is how the short interest of companies in the industry of "trucking, except local" compare to USA Truck: Old Dominion Freight Line, Inc. (0.00%), J.B. Hunt Transport Services, Inc. (2.06%), Knight-Swift Transportation Holdings Inc. (3.15%), Landstar System, Inc. (2.45%), Saia, Inc. (0.00%), Schneider National, Inc. (2.06%), Werner Enterprises, Inc. (3.46%), ArcBest Co. (2.25%), Heartland Express, Inc. (5.44%), and Marten Transport, Ltd. (0.00%).

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 USAK is an investing strategy that aims to generate trading profit from USA Truck as its price is falling. USA Truck's stock is trading down $0.16 today. To short USA Truck 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 USA Truck 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 USA Truck 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 USAK, 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 USAK, twice per month. The most recent reporting period available is March, 31 2021.