Simply Short Interest Ratio and Short Volume

Simply (OTCMKTS:SIMP) Short Interest Frequently Asked Questions

What is Simply's current short interest?

Short interest is the volume of Simply shares that have been sold short but have not yet been closed out or covered. As of December 31st, investors have sold 500 shares of SIMP short. Learn More on Simply's current short interest.

Is Simply's short interest increasing or decreasing?

Simply saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 500 shares, a decline of 91.7% from the previous total of 6,000 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.

How does Simply's short interest compare to its competitors?

Here is how the short interest of companies in the industry of "electronic parts & equipment, not elsewhere classified" compare to Simply: TE Connectivity Ltd. (1.12%), Arrow Electronics, Inc. (2.06%), Avnet, Inc. (2.64%), Ituran Location and Control Ltd. (0.20%), RADA Electronic Industries Ltd. (1.52%), VOXX International Co. (1.95%), Richardson Electronics, Ltd. (1.02%), Orbital Energy Group, Inc. (11.50%), TESSCO Technologies Incorporated (0.34%), and India Globalization Capital, Inc. (0.00%).

Which stocks are the most shorted right now?

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 ($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.

What does it mean to sell short Simply stock?

Short selling SIMP is an investing strategy that aims to generate trading profit from Simply as its price is falling. Simply's stock is trading up $0.35 today. To short Simply 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 Simply 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.

How does a short squeeze work against Simply?

A short squeeze for Simply 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 SIMP, which in turn drives the price of the stock up even further.

How often is Simply's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SIMP, twice per month. The most recent reporting period available is December, 31 2021.