Bitcoin Group Short Interest Ratio and Short Volume

Bitcoin Group (OTCMKTS:BTGGF) Short Interest Frequently Asked Questions

What is Bitcoin Group's current short interest?

Short interest is the volume of Bitcoin Group shares that have been sold short but have not yet been covered or closed out. As of November 15th, investors have sold 800 shares of BTGGF short. Learn More on Bitcoin Group's current short interest.

What is a good short interest ratio for Bitcoin Group?

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. Bitcoin Group currently has a short interest ratio of 3.0. Learn More on a good short interest ratio for Bitcoin Group

Is Bitcoin Group's short interest increasing or decreasing?

Bitcoin Group saw a decrease in short interest in November. As of November 15th, there was short interest totaling 800 shares, a decrease of 89.3% from the previous total of 7,500 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.

How does Bitcoin Group's short interest compare to its competitors?

0.00% of Bitcoin Group's shares are currently sold short. Here is how the short interest of companies in the industry of "commercial physical research" compare to Bitcoin Group: IQVIA Holdings Inc. (1.04%), Charles River Laboratories International, Inc. (1.63%), PPD, Inc. (13.07%), Incyte Co. (2.50%), ICON Public Limited (0.00%), Exact Sciences Co. (0.00%), Syneos Health, Inc. (0.00%), Medpace Holdings, Inc. (2.31%), Anavex Life Sciences Corp. (9.90%), and National Research Co. (1.98%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.06 billion), S&P Global Inc. ($8.74 billion), Charter Communications, Inc. ($5.66 billion), Canadian Pacific Railway Limited ($5.43 billion), Wayfair Inc. ($4.23 billion), Palo Alto Networks, Inc. ($3.46 billion), DoorDash, Inc. ($3.41 billion), Teladoc Health, Inc. ($2.84 billion), Etsy, Inc. ($2.76 billion), and Zscaler, Inc. ($2.62 billion). View all of the most shorted stocks.

What does it mean to sell short Bitcoin Group stock?

Short selling BTGGF is an investing strategy that aims to generate trading profit from Bitcoin Group as its price is falling. Bitcoin Group's stock is trading up $2.29 today. To short Bitcoin Group 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 Bitcoin Group 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.

How does a short squeeze work against Bitcoin Group?

A short squeeze for Bitcoin 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 BTGGF, which in turn drives the price of the stock up even further.

How often is Bitcoin Group's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BTGGF, twice per month. The most recent reporting period available is November, 15 2021.