On Track Innovations (OTIVF) Short Interest Ratio & Short Volume

Short interest is the volume of On Track Innovations shares that have been sold short but have not yet been closed out or covered. As of November 30th, investors have sold 100 shares of OTIVF short. Learn More on On Track Innovations' current short interest.

On Track Innovations saw a decline in short interest during the month of November. As of November 30th, there was short interest totaling 100 shares, a decline of 98.0% from the previous total of 4,900 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 "computer and technology" compare to On Track Innovations: SemiLEDs Co. (0.82%), Global Technologies, Ltd. (0.00%), Digerati Technologies, Inc. (0.00%), WaveDancer, Inc. (4.35%), Infobird Co., Ltd (1.82%), Locafy Limited (0.49%), UTime Limited (0.04%), CalAmp Corp. (5.68%), DatChat, Inc. (2.08%), Farmhouse, Inc (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($11.35 billion), S&P Global Inc. ($8.85 billion), Charter Communications, Inc. ($5.23 billion), Canadian Pacific Kansas City Limited ($4.96 billion), Wayfair Inc. ($3.99 billion), Palo Alto Networks, Inc. ($3.89 billion), Etsy, Inc. ($2.57 billion), Zscaler, Inc. ($2.44 billion), eBay Inc. ($2.34 billion), and Teladoc Health, Inc. ($2.30 billion). View all of the most shorted stocks.

Short selling OTIVF is an investing strategy that aims to generate trading profit from On Track Innovations as its price is falling. OTIVF 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 On Track Innovations 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 OTIVF, 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 OTIVF, twice per month. The most recent reporting period available is November, 30 2021.