Avalara (AVLR) Short Interest Ratio & Short Volume

Short interest is the volume of Avalara shares that have been sold short but have not yet been covered or closed out. As of September 30th, investors have sold 3,670,000 shares of AVLR short. Learn More on Avalara'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. AVLR shares currently have a short interest ratio of 1.0. Learn More on Avalara's short interest ratio.

Avalara saw a drop in short interest in September. As of September 30th, there was short interest totaling 3,670,000 shares, a drop of 1.1% from the previous total of 3,710,000 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 Avalara: Altair Engineering Inc. (8.49%), Smartsheet Inc (4.04%), CCC Intelligent Solutions Holdings Inc. (4.99%), Paycor HCM, Inc. (6.81%), ZoomInfo Technologies Inc. (5.41%), SolarWinds Co. (3.62%), Matterport, Inc. (3.00%), Zuora, Inc. (2.64%), Enfusion, Inc. (3.26%), SecureWorks Corp. (1.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Corporation ($3.27 billion), Charter Communications, Inc. ($2.66 billion), TC Energy Corporation ($2.53 billion), Chesapeake Energy Co. ($1.86 billion), Coinbase Global, Inc. ($1.83 billion), Lucid Group, Inc. ($1.78 billion), T. Rowe Price Group, Inc. ($1.77 billion), Rivian Automotive, Inc. ($1.69 billion), Zoom Communications, Inc. ($1.35 billion), and Williams-Sonoma, Inc. ($1.35 billion). View all of the most shorted stocks.

Short selling AVLR is an investing strategy that aims to generate trading profit from Avalara 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 Avalara 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 AVLR, 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 AVLR, twice per month. The most recent reporting period available is September, 30 2022.