On Deck Capital (ONDK) Short Interest Ratio & Short Volume

Short interest is the volume of On Deck Capital shares that have been sold short but have not yet been closed out or covered. As of September 30th, investors have sold 673,300 shares of ONDK short. 1.27% of On Deck Capital's shares are currently sold short. Learn More on On Deck Capital'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. 1.27% of On Deck Capital's floating shares are currently sold short.

On Deck Capital saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 673,300 shares, an increase of 6.2% from the previous total of 634,100 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.

On Deck Capital currently has issued a total of 59,015,000 shares. Some of On Deck Capital'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. On Deck Capital currently has a public float of 52,990,000 shares.

1.27% of On Deck Capital's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to On Deck Capital: Affinity Bancshares, Inc. (0.07%), Oportun Financial Co. (0.69%), ACRES Commercial Realty Corp. (0.26%), Garden Stage Limited (0.25%), First Savings Financial Group, Inc. (0.14%), Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (0.50%), MFS High Income Municipal Trust (0.20%), Finward Bancorp (0.16%), High Income Securities Fund (0.00%), FNCB Bancorp, Inc. (0.37%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.91 billion), Aon plc ($3.68 billion), The Clorox Company ($2.92 billion), Analog Devices, Inc. ($2.35 billion), Uber Technologies, Inc. ($2.27 billion), Moderna, Inc. ($2.14 billion), The Kroger Co. ($2.14 billion), Datadog, Inc. ($2.00 billion), Simon Property Group, Inc. ($1.85 billion), and International Flavors & Fragrances Inc. ($1.75 billion). View all of the most shorted stocks.

Short selling ONDK is an investing strategy that aims to generate trading profit from On Deck Capital 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 On Deck Capital 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 ONDK, 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 ONDK, twice per month. The most recent reporting period available is September, 30 2020.