BowFlex (NLS) Short Interest Ratio & Short Volume

Short interest is the volume of BowFlex shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 907,100 shares of NLS short. Learn More on BowFlex'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. NLS shares currently have a short interest ratio of 4.0. Learn More on BowFlex's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of BowFlex: Citadel Advisors LLC, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

BowFlex saw a drop in short interest during the month of October. As of October 15th, there was short interest totaling 907,100 shares, a drop of 0.7% from the previous total of 913,200 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 "consumer cyclical" compare to BowFlex: Dogness (International) Co. (3.45%), Inspirato Incorporated (11.72%), Phoenix Motor Inc. (0.62%), Vince Holding Corp. (0.74%), Barnes & Noble Education, Inc. (3.89%), Natuzzi S.p.A. (0.01%), Superior Industries International, Inc. (0.15%), China Automotive Systems, Inc. (0.02%), BowFlex Inc. (2.90%), Next.e.GO (7.22%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.82 billion), T-Mobile US, Inc. ($3.69 billion), Occidental Petroleum Co. ($2.90 billion), TC Energy Co. ($2.74 billion), Tractor Supply ($2.28 billion), Rivian Automotive, Inc. ($1.92 billion), Moderna, Inc. ($1.77 billion), Celsius Holdings, Inc. ($1.72 billion), Coinbase Global, Inc. ($1.66 billion), and Royal Caribbean Cruises Ltd. ($1.65 billion). View all of the most shorted stocks.

Short selling NLS is an investing strategy that aims to generate trading profit from BowFlex 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 BowFlex 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 NLS, 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 NLS, twice per month. The most recent reporting period available is October, 15 2023.