Ascent Solar Technologies (ASTI) Short Interest Ratio & Short Volume

Short interest is the volume of Ascent Solar Technologies shares that have been sold short but have not yet been covered or closed out. As of August 15th, investors have sold 27,600 shares of ASTI short. Learn More on Ascent Solar Technologies' 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. ASTI shares currently have a short interest ratio of 2.0. Learn More on Ascent Solar Technologies's short interest ratio.

Ascent Solar Technologies saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 27,600 shares, an increase of 2.2% from the previous total of 27,000 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.

Here is how the short interest of companies in the sector of "computer and technology" compare to Ascent Solar Technologies: SinglePoint Inc. (0.37%), AAP, Inc. (0.01%), Sonic Foundry, Inc. (2.18%), Global Digital Solutions, Inc. (0.02%), IDEX Biometrics ASA (0.18%), Tempo Automation Holdings, Inc. (3.08%), China Techfaith Wireless Communication Technology Limited (0.92%), and Infinite Group, Inc. (0.12%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.13 billion), Charter Communications, Inc. ($3.94 billion), Coinbase Global, Inc. ($2.38 billion), Lucid Group, Inc. ($2.30 billion), T. Rowe Price Group, Inc. ($2.22 billion), Williams-Sonoma, Inc. ($2.02 billion), Plug Power Inc. ($1.94 billion), Chesapeake Energy Co. ($1.91 billion), Unity Software Inc. ($1.82 billion), and Rivian Automotive, Inc. ($1.74 billion). View all of the most shorted stocks.

Short selling ASTI is an investing strategy that aims to generate trading profit from Ascent Solar Technologies 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 Ascent Solar Technologies 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 ASTI, 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 ASTI, twice per month. The most recent reporting period available is August, 15 2022.