Summit Wireless Technologies Short Interest Ratio and Short Volume

-0.11 (-3.75 %)
(As of 05/5/2021 04:57 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume441,728 shs
Average Volume398,592 shs
Market Capitalization$31.40 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Summit Wireless Technologies (NASDAQ:WISA) Short Interest Data

Current Short Volume194,200 shares
Previous Short Volume179,400 shares
Change Vs. Previous Month+8.25%
Dollar Volume Sold Short$468,022.00
Short Interest Ratio / Days to Cover0.6
Last Record DateApril, 15 2021
Outstanding Shares19,570,000 shares
Float Size9,220,000 shares
Short Percent of Float2.11%
Today's Trading Volume441,728 shares
Average Trading Volume398,592 shares
Today's Volume Vs. Average10.82%

Short Interest Over Time

Summit Wireless Technologies (NASDAQ:WISA) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/2021194,200 shares $468,022.00 +8.3%2.1%0.6$2.87
3/31/2021179,400 shares $498,732.00 -8.6%2.1%0.4$3.00
3/15/2021196,200 shares $584,676.00 -17.0%2.4%0.3$3.65
2/26/2021236,500 shares $763,895.00 -14.5%3.7%0.4$3.47
2/12/2021276,500 shares $904,155.00 +12.3%4.1%0.5$4.44
1/29/2021246,200 shares $881,396.00 -74.8%3.6%0.1$3.55
1/15/2021975,600 shares $3.90 million +35.0%14.4%0.4$4.34
12/31/2020722,900 shares $2.55 million +54.0%10.8%0.3$3.70
12/15/2020469,300 shares $1.72 million -13.2%6.3%0.2$3.14
11/30/2020540,400 shares $1.53 million -34.7%7.7%0.2$2.73
10/30/202084,900 shares $213,099.00 -26.5%1.2%0$2.10
10/15/2020115,500 shares $241,395.00 +30.8%1.6%0.3$2.12
9/30/202088,300 shares $197,792.00 -29.9%1.2%0.2$1.90
9/15/2020126,000 shares $233,100.00 +116.1%1.7%0.2$2.02
8/31/202058,300 shares $114,268.00 -32.4%0.8%0.1$2.04
8/14/202086,200 shares $181,020.00 -4.5%1.2%0.1$2.32
7/31/202090,300 shares $202,272.00 +340.5%1.3%0.1$2.25
7/15/202020,500 shares $46,125.00 -48.6%0.3%0$2.24
6/30/202039,900 shares $90,174.00 -67.6%0.6%0$2.23
6/15/2020123,300 shares $272,493.00 +455.4%1.9%0.1$2.25
5/29/202022,200 shares $51,504.00 -65.0%0.5%0$2.28
5/15/202063,500 shares $142,875.00 +1.1%2.3%0.3$2.32
4/30/202062,800 shares $151,348.00 +136.1%3.7%0.4$2.37
4/15/202026,600 shares $64,638.00 -91.3%3.8%0.3$7.00
3/31/2020304,300 shares $745,535.00 -16.3%N/A53.4$0.34

Summit Wireless Technologies (NASDAQ:WISA) Short Interest FAQ

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What is Summit Wireless Technologies' current short interest?

Short interest is the volume of Summit Wireless Technologies shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 194,200 shares of WISA short. 2.11% of Summit Wireless Technologies' shares are currently sold short. View details.

What is a good short interest ratio for Summit Wireless Technologies?

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. Summit Wireless Technologies currently has a short interest ratio of 1.0.

What is a good short interest percentage for Summit Wireless Technologies?

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. 2.11% of Summit Wireless Technologies' floating shares are currently sold short.

Is Summit Wireless Technologies' short interest increasing or decreasing?

Summit Wireless Technologies saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 194,200 shares, an increase of 8.2% from the previous total of 179,400 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.

What is Summit Wireless Technologies' float size?

Summit Wireless Technologies currently has issued a total of 11,133,000 shares. Some of Summit Wireless Technologies' 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. Summit Wireless Technologies currently has a public float of 9,220,000 shares.

How does Summit Wireless Technologies' short interest compare to its competitors?

2.11% of Summit Wireless Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "semiconductors & related devices" compare to Summit Wireless Technologies: Everspin Technologies, Inc. (1.15%), QuickLogic Co. (2.16%), LightPath Technologies, Inc. (2.23%), Enveric Biosciences, Inc. (5.67%), MoSys, Inc. (12.92%), SuperCom Ltd. (5.91%), Rubicon Technology, Inc. (1.68%), NanoFlex Power Co. (0.00%), SemiLEDs Co. (2.42%), and On Track Innovations Ltd. (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. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Summit Wireless Technologies stock?

Short selling WISA is an investing strategy that aims to generate trading profit from Summit Wireless Technologies as its price is falling. Summit Wireless Technologies' stock is trading down $0.11 today. To short Summit Wireless Technologies 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 Summit Wireless Technologies 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 Summit Wireless Technologies?

A short squeeze for Summit Wireless Technologies 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 WISA, which in turn drives the price of the stock up even further.

How often is Summit Wireless Technologies' 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 WISA, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/5/2021 by Staff
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