Innovative Designs (IVDN) Short Interest Ratio & Short Volume

Short interest is the volume of Innovative Designs shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 15,900 shares of IVDN short. Learn More on Innovative Designs' 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. IVDN shares currently have a short interest ratio of 1.0. Learn More on Innovative Designs's short interest ratio.

Innovative Designs saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 15,900 shares, a decline of 27.4% from the previous total of 21,900 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 Innovative Designs: Visionary Holdings Inc. (0.53%), IDW Media Holdings, Inc. (0.04%), Lottery.com Inc. (2.28%), Vision Marine Technologies Inc. (15.12%), Gamer Pakistan Inc. (0.34%), Forza X1, Inc. (1.29%), Sacks Parente Golf, Inc. (1.45%), MultiMetaVerse Holdings Limited (0.83%), Real Brands, Inc. (0.00%), Chicken Soup for the Soul Entertainment, Inc. (1.64%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling IVDN is an investing strategy that aims to generate trading profit from Innovative Designs as its price is falling. IVDN shares are trading up $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 Innovative Designs 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 IVDN, 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 IVDN, twice per month. The most recent reporting period available is March, 31 2024.