Glowpoint (GLOW) Short Interest Ratio & Short Volume

Short interest is the volume of Glowpoint shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 6,200 shares of GLOW short. 0.17% of Glowpoint's shares are currently sold short. Learn More on Glowpoint's current short interest.

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. 0.17% of Glowpoint's floating shares are currently sold short.

Glowpoint saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 6,200 shares, a decrease of 51.9% from the previous total of 12,900 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.

Glowpoint currently has issued a total of 5,141,000 shares. Some of Glowpoint'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. Glowpoint currently has a public float of 3,640,000 shares.

0.17% of Glowpoint's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Glowpoint: BYND Cannasoft Enterprises Inc. (75.49%), COMSovereign Holding Corp. (2.68%), Protocall Technologies Inc. (0.01%), IDEX Biometrics ASA (0.18%), Dais Co. (0.01%), Unitronix Co. (0.00%), Giga-tronics Incorporated (0.00%), Grom Social Enterprises, Inc. (0.61%), BIO-key International, Inc. (0.51%), X3 Holdings Co Ltd. (1.86%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AbbVie Inc. ($7.01 billion), Charter Communications, Inc. ($4.31 billion), Match Group, Inc. ($2.95 billion), The Charles Schwab Co. ($2.81 billion), Tesla, Inc. ($2.69 billion), Microchip Technology Incorporated ($2.59 billion), Wayfair Inc. ($2.19 billion), Snap Inc. ($1.99 billion), The Clorox Company ($1.97 billion), and International Flavors & Fragrances Inc. ($1.92 billion). View all of the most shorted stocks.

Short selling GLOW is an investing strategy that aims to generate trading profit from Glowpoint 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 Glowpoint 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 GLOW, 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 GLOW, twice per month. The most recent reporting period available is April, 30 2020.