KLDiscovery (KLDI) Short Interest Ratio & Short Volume

Short interest is the volume of KLDiscovery shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 3,800 shares of KLDI short. Learn More on KLDiscovery's 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. KLDI shares currently have a short interest ratio of 1.0. Learn More on KLDiscovery's short interest ratio.

Here is how the short interest of companies in the sector of "business services" compare to KLDiscovery: Pintec Technology Holdings Limited (0.53%), ZW Data Action Technologies Inc. (0.07%), MicroCloud Hologram Inc. (41.64%), Jianpu Technology Inc. (0.09%), Professional Diversity Network, Inc. (0.86%), Global Mofy Metaverse Limited (2.00%), ATIF Holdings Limited (0.60%), Tenet Fintech Group Inc. (0.05%), Ideanomics, Inc. (24.48%), Victory Square Technologies Inc. (0.01%),

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 KLDI is an investing strategy that aims to generate trading profit from KLDiscovery 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 KLDiscovery 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 KLDI, 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 KLDI, twice per month. The most recent reporting period available is March, 31 2024.