TIM Short Interest Ratio and Short Volume

+0.14 (+1.31 %)
(As of 04/22/2021 01:02 PM ET)
Today's Range
Now: $10.84
50-Day Range
MA: $11.32
52-Week Range
Now: $10.84
Volume7,054 shs
Average Volume445,502 shs
Market Capitalization$5.25 billion
P/E Ratio12.75
Dividend Yield1.30%

Short Interest

TIM (NYSE:TIMB) Short Interest Data

Current Short Volume1,410,000 shares
Previous Short Volume1,450,000 shares
Change Vs. Previous Month-2.76%
Dollar Volume Sold Short$15.43 million
Short Interest Ratio / Days to Cover3.1
Last Record DateMarch, 31 2021
Outstanding Shares484,210,000 shares
Float Size482,980,000 shares
Short Percent of Float0.29%
Today's Trading Volume7,054 shares
Average Trading Volume445,502 shares
Today's Volume Vs. Average-98.42%

Short Interest Over Time

TIM (NYSE:TIMB) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20211,410,000 shares $15.43 million -2.8%0.3%3.1 $10.94
3/15/20211,450,000 shares $16.21 million +93.0%0.3%3.5 $11.18
2/26/2021751,400 shares $8.54 million +13.3%0.2%1.9 $11.36
2/12/2021663,100 shares $7.59 million +13.4%0.1%1.9 $11.45
1/29/2021585,000 shares $7.49 million -8.7%0.1%1.7 $12.80
1/15/2021640,500 shares $7.95 million No Change0.1%1.9 $12.41

TIM (NYSE:TIMB) Short Interest FAQ

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What is TIM's current short interest?

Short interest is the volume of TIM shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 1,410,000 shares of TIMB short. 0.29% of TIM's shares are currently sold short. View details.

What is a good short interest ratio for TIM?

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. TIM currently has a short interest ratio of 3.0.

What is a good short interest percentage for TIM?

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. 0.29% of TIM's floating shares are currently sold short.

Is TIM's short interest increasing or decreasing?

TIM saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,410,000 shares, a decrease of 2.8% from the previous total of 1,450,000 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 TIM's float size?

TIM currently has issued a total of 484,210,000 shares. Some of TIM'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. TIM currently has a public float of 482,980,000 shares.

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

0.29% of TIM's shares are currently sold short. Here is how the short interest of companies in the industry of "telephone communication, except radio" compare to TIM: Telia Company AB (publ) (0.00%), Advanced Info Service Public Company Limited (0.00%), The Liberty SiriusXM Group (4.08%), Koninklijke KPN (0.00%), Koninklijke KPN (0.00%), Lumen Technologies, Inc. (6.96%), Telefônica Brasil S.A. (0.00%), The Liberty SiriusXM Group (2.15%), Tele2 AB (publ) (0.00%), and KT Co. (1.07%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short TIM stock?

Short selling TIMB is an investing strategy that aims to generate trading profit from TIM as its price is falling. TIM's stock is trading up $0.14 today. To short TIM 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 TIM 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 TIM?

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

How often is TIM'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 TIMB, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/22/2021 by MarketBeat.com Staff
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