BTCS (BTCS) Short Interest Ratio & Short Volume

Short interest is the volume of BTCS shares that have been sold short but have not yet been closed out or covered. As of August 13th, traders have sold 5,000 shares of BTCS short. Learn More on BTCS's current short interest.

BTCS saw a drop in short interest during the month of August. As of August 13th, there was short interest totaling 5,000 shares, a drop of 3.8% from the previous total of 5,200 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 "financial services" compare to BTCS: SVB Financial Group (0.00%), The Marketing Alliance, Inc. (0.01%), Enterra Co. (0.00%), TG Venture Acquisition Corp. (0.40%), First US Bancshares, Inc. (0.12%), Nocturne Acquisition Co. (0.04%), Inception Growth Acquisition Limited (0.15%), United Bancorp, Inc. (0.18%), Bukit Jalil Global Acquisition 1 Ltd (0.03%), Frontier Investment Corp (0.02%),

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 ($6.40 billion), Charter Communications, Inc. ($5.60 billion), Wayfair Inc. ($5.18 billion), Aon plc ($3.93 billion), CrowdStrike Holdings, Inc. ($2.52 billion), and Teladoc Health, Inc. ($2.49 billion). View all of the most shorted stocks.

Short selling BTCS is an investing strategy that aims to generate trading profit from BTCS as its price is falling. BTCS shares are trading up $0.06 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 BTCS 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 BTCS, 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 BTCS, twice per month. The most recent reporting period available is August, 13 2021.