Spirit MTA REIT (SMTA) Short Interest Ratio & Short Volume

Short interest is the volume of Spirit MTA REIT shares that have been sold short but have not yet been closed out or covered. As of December 13th, traders have sold 506,100 shares of SMTA short. 1.18% of Spirit MTA REIT's shares are currently sold short. Learn More on Spirit MTA REIT'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. SMTA shares currently have a short interest ratio of 1.0. Learn More on Spirit MTA REIT's short interest ratio.

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. 1.18% of Spirit MTA REIT's floating shares are currently sold short.

Spirit MTA REIT saw a decrease in short interest in December. As of December 13th, there was short interest totaling 506,100 shares, a decrease of 44.1% from the previous total of 905,300 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.

Spirit MTA REIT currently has issued a total of 43,180,000 shares. Some of Spirit MTA REIT'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. Spirit MTA REIT currently has a public float of 42,750,000 shares.

1.18% of Spirit MTA REIT's shares are currently sold short. Here is how the short interest of companies compare to Spirit MTA REIT: InnSuites Hospitality Trust (0.21%), Power REIT (0.29%), CareTrust REIT, Inc. (2.23%), Equity Commonwealth (0.86%), Franklin Street Properties Corp. (1.09%), Granite Point Mortgage Trust Inc. (0.40%), Stratus Properties Inc. (1.09%), SR Bancorp, Inc. (4.63%), Finward Bancorp (3.06%), ALT5 Sigma Corporation (5.58%),

As of the most recent reporting period, the following stocks had the largest short interest positions: The Medicines Company ($2.12 billion), Genesee & Wyoming Inc ($433.11 million), Clovis Oncology ($306.74 million), Neogen Corporation ($179.22 million), Jagged Peak Energy Inc ($168.19 million), Perdoceo Education Corporation ($96.30 million), Arbor Realty Trust ($89.67 million), Carbonite Inc ($65.84 million), Overstock.com, Inc. ($58.63 million), and Abeona Therapeutics Inc. ($14.62 million). View all of the most shorted stocks.

Short selling SMTA is an investing strategy that aims to generate trading profit from Spirit MTA REIT 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 Spirit MTA REIT 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 SMTA, 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 SMTA, twice per month. The most recent reporting period available is December, 13 2019.