TPG RE Finance Trust (TRTX) Short Interest Ratio & Short Volume

Short interest is the volume of TPG RE Finance Trust shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 2,430,000 shares of TRTX short. 3.97% of TPG RE Finance Trust's shares are currently sold short. Learn More on TPG RE Finance Trust'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. TRTX shares currently have a short interest ratio of 3.0. Learn More on TPG RE Finance Trust'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. 3.97% of TPG RE Finance Trust's floating shares are currently sold short.

TPG RE Finance Trust saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 2,430,000 shares, a decrease of 17.1% from the previous total of 2,930,000 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.

TPG RE Finance Trust currently has issued a total of 77,870,000 shares. Some of TPG RE Finance Trust'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. TPG RE Finance Trust currently has a public float of 61,170,000 shares.

3.97% of TPG RE Finance Trust's shares are currently sold short. Here is how the short interest of companies in the industry of "real estate investment trusts" compare to TPG RE Finance Trust: Diversified Healthcare Trust (3.32%), Whitestone REIT (2.04%), New York Mortgage Trust, Inc. (2.59%), Summit Hotel Properties, Inc. (5.94%), Global Medical REIT Inc. (2.01%), KKR Real Estate Finance Trust Inc. (1.98%), Farmland Partners Inc. (6.15%), Dynex Capital, Inc. (6.27%), Peakstone Realty Trust (3.20%), Community Healthcare Trust Incorporated (1.20%),

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 TRTX is an investing strategy that aims to generate trading profit from TPG RE Finance Trust as its price is falling. TRTX shares are trading down $0.14 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 TPG RE Finance Trust 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 TRTX, 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 TRTX, twice per month. The most recent reporting period available is April, 15 2024.