Luby's (LUB) Short Interest Ratio & Short Volume

Short interest is the volume of Luby's shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 28,200 shares of LUB short. 0.14% of Luby's' shares are currently sold short. Learn More on Luby'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. 0.14% of Luby's' floating shares are currently sold short.

Luby's saw a decline in short interest in May. As of May 15th, there was short interest totaling 28,200 shares, a decline of 60.7% from the previous total of 71,700 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.

Luby's currently has issued a total of 31,083,000 shares. Some of Luby'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. Luby's currently has a public float of 19,480,000 shares.

0.14% of Luby's' shares are currently sold short. Here is how the short interest of companies in the sector of "retail/wholesale" compare to Luby's: Red Robin Gourmet Burgers, Inc. (22.17%), TH International Limited (1.12%), Ark Restaurants Corp. (0.81%), Noodles & Company (7.23%), Good Times Restaurants Inc. (0.46%), FAT Brands Inc. (0.63%), FAT Brands Inc. (0.85%), The ONE Group Hospitality, Inc. (8.77%), Lulu's Fashion Lounge Holdings, Inc. (1.66%), Treasure Global Inc. (3.77%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.79 billion), Palo Alto Networks, Inc. ($3.41 billion), Lucid Group, Inc. ($2.55 billion), Uber Technologies, Inc. ($2.21 billion), HP Inc. ($2.14 billion), T. Rowe Price Group, Inc. ($1.81 billion), Coinbase Global, Inc. ($1.60 billion), Take-Two Interactive Software, Inc. ($1.58 billion), Lumen Technologies, Inc. ($1.56 billion), and Rivian Automotive, Inc. ($1.55 billion). View all of the most shorted stocks.

Short selling LUB is an investing strategy that aims to generate trading profit from Luby's 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 Luby's 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 LUB, 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 LUB, twice per month. The most recent reporting period available is May, 15 2022.