Franklin Wireless (FKWL) Short Interest Ratio & Short Volume

Short interest is the volume of Franklin Wireless shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 161,500 shares of FKWL short. Learn More on Franklin Wireless' 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. FKWL shares currently have a short interest ratio of 12.0. Learn More on Franklin Wireless's short interest ratio.

Franklin Wireless saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 161,500 shares, an increase of 4.0% from the previous total of 155,300 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 Franklin Wireless: Sypris Solutions, Inc. (4.65%), Zedge, Inc. (0.03%), Creative Realities, Inc. (0.01%), MariaDB plc (2.00%), Cirata plc (0.01%), Aware, Inc. (0.22%), Inseego Corp. (8.42%), Data Storage Co. (11.59%), Deswell Industries, Inc. (0.07%), Mobivity Holdings Corp. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Aon plc ($5.63 billion), Charter Communications, Inc. ($5.41 billion), Analog Devices, Inc. ($5.32 billion), Baidu, Inc. ($4.45 billion), Snap Inc. ($3.86 billion), Warner Bros. Discovery, Inc. ($3.30 billion), Airbnb, Inc. ($2.82 billion), Bilibili Inc. ($2.34 billion), GameStop Corp. ($2.24 billion), and Expedia Group, Inc. ($2.21 billion). View all of the most shorted stocks.

Short selling FKWL is an investing strategy that aims to generate trading profit from Franklin Wireless as its price is falling. FKWL shares are trading down $0.02 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 Franklin Wireless 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 FKWL, 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 FKWL, twice per month. The most recent reporting period available is March, 15 2021.