Iridium World Communications (IRIDQ) Short Interest Ratio & Short Volume

Short interest is the volume of Iridium World Communications shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 148,400 shares of IRIDQ short. Learn More on Iridium World Communications' current short interest.

Here is how the short interest of companies in the sector of "computer and technology" compare to Iridium World Communications: SK Telecom Co., Ltd. (0.20%), ZIM Co. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling IRIDQ is an investing strategy that aims to generate trading profit from Iridium World Communications 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 Iridium World Communications 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 IRIDQ, 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 IRIDQ, twice per month. The most recent reporting period available is April, 15 2024.