POET Technologies (POETF) Short Interest Ratio & Short Volume

Short interest is the volume of POET Technologies shares that have been sold short but have not yet been closed out or covered. As of February 15th, traders have sold 387,000 shares of POETF short. Learn More on POET Technologies' 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. POETF shares currently have a short interest ratio of 1.0. Learn More on POET Technologies's short interest ratio.

POET Technologies saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 387,000 shares, an increase of 129.4% from the previous total of 168,700 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 POET Technologies: NVE Co. (5.23%), SkyWater Technology, Inc. (12.68%), Applied Optoelectronics, Inc. (23.98%), Netlist, Inc. (3.53%), Transphorm, Inc. (3.40%), nLIGHT, Inc. (2.88%), Arteris, Inc. (0.83%), Canaan Inc. (10.88%), Valens Semiconductor Ltd. (0.25%), WiSA Technologies, Inc. (10.91%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($7.23 billion), Charter Communications, Inc. ($6.03 billion), Palo Alto Networks, Inc. ($3.16 billion), Lucid Group, Inc. ($2.77 billion), Snap Inc. ($2.53 billion), Datadog, Inc. ($2.53 billion), Rivian Automotive, Inc. ($2.30 billion), Wayfair Inc. ($2.30 billion), Booking Holdings Inc. ($2.18 billion), and Carnival Co. & plc ($1.96 billion). View all of the most shorted stocks.

Short selling POETF is an investing strategy that aims to generate trading profit from POET Technologies as its price is falling. POETF shares are trading up $0.70 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 POET Technologies 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 POETF, 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 POETF, twice per month. The most recent reporting period available is February, 15 2022.