Ribbit LEAP (LEAP) Short Interest Ratio & Short Volume

Short interest is the volume of Ribbit LEAP shares that have been sold short but have not yet been closed out or covered. As of July 31st, traders have sold 80,700 shares of LEAP short. 0.20% of Ribbit LEAP's shares are currently sold short. Learn More on Ribbit LEAP'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. LEAP shares currently have a short interest ratio of 1.0. Learn More on Ribbit LEAP's short interest ratio.

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. 0.20% of Ribbit LEAP's floating shares are currently sold short.

Ribbit LEAP saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 80,700 shares, an increase of 28.1% from the previous total of 63,000 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.

Ribbit LEAP currently has issued a total of 58,505,000 shares. Some of Ribbit LEAP'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. Ribbit LEAP currently has a public float of 41,150,000 shares.

0.20% of Ribbit LEAP's shares are currently sold short. Here is how the short interest of companies in the sector of "unclassified" compare to Ribbit LEAP: Ares Acquisition Co. II (0.03%), Nabors Energy Transition Corp. II (0.02%), Rigel Resource Acquisition Corp. (0.00%), Inflection Point Acquisition Corp. II (0.02%), LAMF Global Ventures Corp. I (0.53%), TortoiseEcofin Acquisition Corp. III (0.32%), Patria Latin American Opportunity Acquisition Corp. (0.01%), Spring Valley Acquisition Corp. II (0.09%), Cartesian Growth Co. II (0.04%), Investcorp Europe Acquisition Corp I (0.09%),

As of the most recent reporting period, the following stocks had the largest short interest positions: KLA Co. ($2.87 billion), Lucid Group, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.08 billion), Coinbase Global, Inc. ($1.91 billion), Williams-Sonoma, Inc. ($1.85 billion), Chesapeake Energy Co. ($1.81 billion), Rivian Automotive, Inc. ($1.64 billion), Lumen Technologies, Inc. ($1.61 billion), Plug Power Inc. ($1.50 billion), and Generac Holdings Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling LEAP is an investing strategy that aims to generate trading profit from Ribbit LEAP 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 Ribbit LEAP 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 LEAP, 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 LEAP, twice per month. The most recent reporting period available is July, 31 2022.