Third Point Reinsurance (TPRE) Short Interest Ratio & Short Volume

Short interest is the volume of Third Point Reinsurance shares that have been sold short but have not yet been closed out or covered. As of February 12th, traders have sold 1,090,000 shares of TPRE short. 1.37% of Third Point Reinsurance's shares are currently sold short. Learn More on Third Point Reinsurance'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. TPRE shares currently have a short interest ratio of 3.0. Learn More on Third Point Reinsurance'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. 1.37% of Third Point Reinsurance's floating shares are currently sold short.

Third Point Reinsurance saw a increase in short interest during the month of February. As of February 12th, there was short interest totaling 1,090,000 shares, an increase of 10.1% from the previous total of 990,400 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.

Third Point Reinsurance currently has issued a total of 95,583,000 shares. Some of Third Point Reinsurance'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. Third Point Reinsurance currently has a public float of 79,680,000 shares.

1.37% of Third Point Reinsurance's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Third Point Reinsurance: Global Indemnity Group, LLC (0.12%), Maiden Holdings, Ltd. (2.78%), ICC Holdings, Inc. (0.49%), Blue Owl Capital Corporation (1.61%), Old National Bancorp (5.16%), Upstart Holdings, Inc. (20.07%), Vornado Realty Trust (0.04%), Blackstone Secured Lending Fund (1.91%), SLM Corporation (3.52%), Prosperity Bancshares, Inc. (2.37%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.62 billion), Charter Communications, Inc. ($5.35 billion), Analog Devices, Inc. ($5.07 billion), Snap Inc. ($3.60 billion), Futu Holdings Limited Sponsored ADR ($2.92 billion), Palantir Technologies Inc. ($2.55 billion), Airbnb, Inc. ($2.52 billion), Snowflake Inc. ($2.38 billion), Peloton Interactive, Inc. ($2.34 billion), and The Kroger Co. ($2.07 billion). View all of the most shorted stocks.

Short selling TPRE is an investing strategy that aims to generate trading profit from Third Point Reinsurance as its price is falling. TPRE shares are trading down $0.05 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 Third Point Reinsurance 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 TPRE, 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 TPRE, twice per month. The most recent reporting period available is February, 12 2021.