ZAGG (ZAGG) Short Interest Ratio & Short Volume

Short interest is the volume of ZAGG shares that have been sold short but have not yet been covered or closed out. As of January 29th, traders have sold 862,100 shares of ZAGG short. Learn More on ZAGG's current short interest.

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. ZAGG shares currently have a short interest ratio of 1.0. Learn More on ZAGG's short interest ratio.

ZAGG saw a decline in short interest in the month of January. As of January 29th, there was short interest totaling 862,100 shares, a decline of 20.2% from the previous total of 1,080,000 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.

Here is how the short interest of companies compare to ZAGG: Universal Electronics Inc. (1.79%), Garmin Ltd. (1.16%), Lavoro Limited (0.83%), PLBY Group, Inc. (2.96%), Live Ventures Incorporated (0.78%), Webuy Global Ltd (0.84%), Jeffs' Brands Ltd (29.20%), FirstCash Holdings, Inc. (1.21%), Savers Value Village, Inc. (14.27%), Winmark Co. (5.25%),

As of the most recent reporting period, the following stocks had the largest short interest positions: GameStop Corp. ($6.96 billion), DuPont de Nemours, Inc. ($5.44 billion), Charter Communications, Inc. ($5.39 billion), Aon plc ($4.87 billion), Analog Devices, Inc. ($4.45 billion), Snap Inc. ($3.29 billion), Moderna, Inc. ($3.19 billion), The Clorox Company ($2.24 billion), Palantir Technologies Inc. ($2.18 billion), and Snowflake Inc. ($2.17 billion). View all of the most shorted stocks.

Short selling ZAGG is an investing strategy that aims to generate trading profit from ZAGG 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 ZAGG 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 ZAGG, 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 ZAGG, twice per month. The most recent reporting period available is January, 29 2021.