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Ooma Short Interest Ratio and Short Volume

+0.61 (+3.91 %)
(As of 12/1/2020 12:00 AM ET)
Today's Range
Now: $16.22
50-Day Range
MA: $14.57
52-Week Range
Now: $16.22
Volume147,061 shs
Average Volume191,236 shs
Market Capitalization$363.33 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Ooma (NYSE:OOMA) Short Interest Data

Current Short Volume:1,690,000 shares
Previous Short Volume:1,590,000 shares
Change Vs. Previous Month:+6.29%
Dollar Volume Sold Short:$26.38 million
Short Interest Ratio / Days to Cover:9.0
Last Record Date:November, 15 2020
Outstanding Shares:20,700,000 shares
Float Size:20,200,000 shares
Short Percent of Float:8.37%
Today's Trading Volume:147,061 shares
Average Trading Volume:191,236 shares
Today's Volume Vs. Average:-23.10%

Ooma (NYSE:OOMA) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
11/15/20201,690,000 $26.38 million 6.3%8.4%8.6$15.61
10/30/20201,590,000 $22.37 million 6.0%7.9%8.1$14.07
10/15/20201,500,000 $21.56 million -0.7%7.4%7.6$14.37
9/30/20201,510,000 $21.74 million 0.0%7.5%7.1$14.40
9/15/20201,510,000 $19.58 million 2.0%7.5%5.2$12.97
8/31/20201,480,000 $19.83 million 1.4%7.2%5$13.40
8/14/20201,460,000 $20.25 million -3.3%7.2%5$13.87
7/31/20201,510,000 $26.44 million 0.0%7.5%5.4$17.51
7/15/20201,510,000 $22.86 million -1.3%7.5%5.5$15.14
6/30/20201,530,000 $23.12 million 11.7%7.6%5.7$15.11
6/15/20201,370,000 $24.67 million 5.4%6.9%7.1$18.01
5/29/20201,300,000 $18.07 million 18.2%6.5%7$13.90
5/15/20201,100,000 $13.79 million 38.2%5.5%6.3$12.54
4/30/2020795,800 $11.33 million 15.9%4.0%5.5$14.24
4/15/2020686,800 $8.69 million 9.0%3.5%5.4$12.66
3/31/2020630,400 $7.66 million -2.3%3.3%5.4$12.15
3/13/2020645,400 $8.36 million 6.8%3.3%6.4$12.95
2/28/2020604,400 $5.28 million 0.7%3.1%6$8.74
2/14/2020600,400 $8.74 million -2.2%3.1%5.7$14.55
1/31/2020613,700 $7.79 million -1.0%3.1%5.8$12.69
1/15/2020619,600 $8.43 million 2.7%3.2%6$13.60
12/31/2019603,200 $7.67 million 0.4%3.1%6.1$12.72

Ooma (NYSE:OOMA) Short Interest FAQ

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What is Ooma's current short interest?

Short interest is the volume of Ooma shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 1,690,000 shares of OOMA short. 8.37% of Ooma's shares are currently sold short. View details.

What is a good short interest ratio for Ooma?

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. Ooma currently has a short interest ratio of 9.0.

What is a good short interest percentage for Ooma?

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. 8.37% of Ooma's floating shares are currently sold short.

Is Ooma's short interest increasing or decreasing?

Ooma saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,690,000 shares, an increase of 6.3% from the previous total of 1,590,000 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.

What is Ooma's float size?

Ooma currently has issued a total of 22,400,000 shares. Some of Ooma'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. Ooma currently has a public float of 20,200,000 shares.

How does Ooma's short interest compare to its competitors?

8.37% of Ooma's shares are currently sold short. Here is how the short interest of companies in the industry of "data processing & preparation" compare to Ooma: CSG Systems International, Inc. (5.45%), So-Young International Inc. (0.00%), Tucows Inc. (12.53%), Cars.com Inc. (9.74%), trivago (0.00%), Sohu.com Limited (2.47%), Brightcove Inc. (0.00%), CooTek (Cayman) Inc. (0.04%), NantHealth, Inc. (4.04%), and Liberty TripAdvisor Holdings, Inc. (2.77%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.96 billion), Aon Plc ($3.87 billion), Moderna, Inc. ($3.77 billion), Analog Devices, Inc. ($3.62 billion), Snap Inc. ($3.05 billion), The Clorox Company ($2.80 billion), The Kroger Co. ($2.11 billion), International Flavors & Fragrances Inc. ($1.98 billion), Expedia Group, Inc. ($1.95 billion), and Peloton Interactive, Inc. ($1.78 billion). View all of the most shorted stocks.

What does it mean to sell short Ooma stock?

Short selling OOMA is an investing strategy that aims to generate trading profit from Ooma as its price is falling. Ooma's stock is trading up $0.61 today. To short Ooma 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 Ooma 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.

How does a short squeeze work against Ooma?

A short squeeze for Ooma 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 OOMA, which in turn drives the price of the stock up even further.

How often is Ooma's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including OOMA, twice per month. The most recent reporting period available is November, 15 2020.

This page was last updated on 12/2/2020 by MarketBeat.com Staff

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