Wayside Technology Group (WSTG) Short Interest Ratio & Short Volume

Short interest is the volume of Wayside Technology Group shares that have been sold short but have not yet been covered or closed out. As of April 30th, traders have sold 2,500 shares of WSTG short. 0.07% of Wayside Technology Group's shares are currently sold short. Learn More on Wayside Technology 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. 0.07% of Wayside Technology Group's floating shares are currently sold short.

Wayside Technology Group saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,500 shares, a decline of 56.9% from the previous total of 5,800 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.

Wayside Technology Group currently has issued a total of 4,472,000 shares. Some of Wayside Technology 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. Wayside Technology Group currently has a public float of 3,790,000 shares.

0.07% of Wayside Technology Group's shares are currently sold short. Here is how the short interest of companies compare to Wayside Technology Group: ContextLogic Inc. (18.53%), Sportsman's Warehouse Holdings, Inc. (14.30%), G. Willi-Food International Ltd. (0.10%), a.k.a. Brands Holding Corp. (7.96%), Travelzoo (1.33%), Companhia Brasileira De Distribuicao (0.24%), FAT Brands Inc. (0.85%), PSQ Holdings, Inc. (6.40%), The ONE Group Hospitality, Inc. (8.77%), Allbirds, Inc. (11.71%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.05 billion), Occidental Petroleum Co. ($3.06 billion), Moderna, Inc. ($2.37 billion), Paramount Global ($2.14 billion), T. Rowe Price Group, Inc. ($2.13 billion), Coinbase Global, Inc. ($2.00 billion), Verisk Analytics, Inc. ($1.94 billion), Extra Space Storage Inc. ($1.77 billion), CarMax, Inc. ($1.59 billion), and Old Dominion Freight Line, Inc. ($1.56 billion). View all of the most shorted stocks.

Short selling WSTG is an investing strategy that aims to generate trading profit from Wayside Technology 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 Wayside Technology Group 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 WSTG, 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 WSTG, twice per month. The most recent reporting period available is April, 30 2023.