Castlight Health (CSLT) Short Interest Ratio & Short Volume

Short interest is the volume of Castlight Health shares that have been sold short but have not yet been closed out or covered. As of February 15th, traders have sold 100 shares of CSLT short. Learn More on Castlight Health's current short interest.

Castlight Health saw a drop in short interest during the month of February. As of February 15th, there was short interest totaling 100 shares, a drop of 100.0% from the previous total of 2,450,000 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 in the sector of "computer and technology" compare to Castlight Health: Allego (7.15%), Compass, Inc. (7.39%), Karooooo Ltd. (0.15%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.23 billion), Charter Communications, Inc. ($6.03 billion), Palo Alto Networks, Inc. ($3.16 billion), Lucid Group, Inc. ($2.77 billion), Snap Inc. ($2.53 billion), Datadog, Inc. ($2.53 billion), Rivian Automotive, Inc. ($2.30 billion), Wayfair Inc. ($2.30 billion), Booking Holdings Inc. ($2.18 billion), and Carnival Co. & plc ($1.96 billion). View all of the most shorted stocks.

Short selling CSLT is an investing strategy that aims to generate trading profit from Castlight Health 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 Castlight Health 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 CSLT, 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 CSLT, twice per month. The most recent reporting period available is February, 15 2022.