Stellus Capital Investment (SCM) Short Interest Ratio & Short Volume

Short interest is the volume of Stellus Capital Investment shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 67,100 shares of SCM short. Learn More on Stellus Capital Investment'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. SCM shares currently have a short interest ratio of 1.0. Learn More on Stellus Capital Investment's short interest ratio.

Stellus Capital Investment saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 67,100 shares, a decrease of 23.6% from the previous total of 87,800 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 "finance" compare to Stellus Capital Investment: Gladstone Investment Co. (7.00%), OFS Capital Co. (0.36%), Capital Southwest Co. (1.66%), TriplePoint Venture Growth BDC Corp. (7.38%), Portman Ridge Finance Co. (0.48%), New Mountain Finance Co. (2.40%), Source Capital, Inc. (0.03%), Abrdn Life Sciences Investors (0.07%), James River Group Holdings, Ltd. (2.52%), Net Lease Office Properties (4.65%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling SCM is an investing strategy that aims to generate trading profit from Stellus Capital Investment as its price is falling. SCM shares are trading down $0.18 today. 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 Stellus Capital Investment 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 SCM, 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 SCM, twice per month. The most recent reporting period available is April, 15 2024.