Bragg Gaming Group (BRGGF) Short Interest Ratio & Short Volume

Short interest is the volume of Bragg Gaming Group shares that have been sold short but have not yet been closed out or covered. As of August 13th, investors have sold 200,800 shares of BRGGF short. Learn More on Bragg Gaming Group'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. BRGGF shares currently have a short interest ratio of 4.0. Learn More on Bragg Gaming Group's short interest ratio.

Bragg Gaming Group saw a increase in short interest in August. As of August 13th, there was short interest totaling 200,800 shares, an increase of 400.7% from the previous total of 40,100 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 "consumer discretionary" compare to Bragg Gaming Group: Target Hospitality Corp. (6.24%), Golden Entertainment, Inc. (5.30%), American Woodmark Corporation (2.47%), Lincoln Educational Services Corporation (4.40%), Lindblad Expeditions (6.36%), Cable One, Inc. (20.91%), Guess?, Inc. (19.18%), Oxford Industries, Inc. (15.19%), Malibu Boats, Inc. (7.81%), The RealReal, Inc. (23.88%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($9.67 billion), S&P Global Inc. ($7.87 billion), Advanced Micro Devices, Inc. ($7.80 billion), Analog Devices, Inc. ($7.03 billion), Sea Limited Sponsored ADR ($6.40 billion), Charter Communications, Inc. ($5.60 billion), Wayfair Inc. ($5.18 billion), Aon plc ($3.93 billion), CrowdStrike ($2.52 billion), and Teladoc Health, Inc. ($2.49 billion). View all of the most shorted stocks.

Short selling BRGGF is an investing strategy that aims to generate trading profit from Bragg Gaming Group 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 Bragg Gaming Group 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 BRGGF, 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 BRGGF, twice per month. The most recent reporting period available is August, 13 2021.