Spectrum Global Solutions (SGSI) Short Interest Ratio & Short Volume

Short interest is the volume of Spectrum Global Solutions shares that have been sold short but have not yet been closed out or covered. As of December 31st, traders have sold 16,400 shares of SGSI short. Learn More on Spectrum Global Solutions' current short interest.

Spectrum Global Solutions saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 16,400 shares, an increase of 382.4% from the previous total of 3,400 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 compare to Spectrum Global Solutions: Oi S.A. (0.00%), XCHG Limited (0.01%), Interlink Electronics, Inc. (1.59%), VirnetX Holding Corp (3.54%), Sono-Tek Corporation (0.09%), Upland Software, Inc. (2.17%), Acorn Energy Inc. (0.02%), Izea Worldwide, Inc. (0.20%), Alaska Power & Telephone Co. (0.01%), YXT.COM Group Holding Limited - Unsponsored ADR (0.01%),

As of the most recent reporting period, the following stocks had the largest short interest positions: S&P Global Inc. ($9.39 billion), Advanced Micro Devices, Inc. ($9.08 billion), Charter Communications, Inc. ($7.16 billion), Palo Alto Networks, Inc. ($4.05 billion), Lucid Group, Inc. ($3.43 billion), Wayfair Inc. ($3.11 billion), Rivian Automotive, Inc. ($3.05 billion), Datadog, Inc. ($2.76 billion), Zscaler, Inc. ($2.55 billion), and Etsy, Inc. ($1.99 billion). View all of the most shorted stocks.

Short selling SGSI is an investing strategy that aims to generate trading profit from Spectrum Global Solutions as its price is falling. SGSI shares are trading down $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 Spectrum Global Solutions 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 SGSI, 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 SGSI, twice per month. The most recent reporting period available is December, 31 2021.