Sophos Group (SPHHF) Short Interest Ratio & Short Volume

Short interest is the volume of Sophos Group shares that have been sold short but have not yet been covered or closed out. As of February 28th, investors have sold 1,469,800 shares of SPHHF short. Learn More on Sophos Group'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. SPHHF shares currently have a short interest ratio of 14,698.0. Learn More on Sophos Group's short interest ratio.

Sophos Group saw a drop in short interest in February. As of February 28th, there was short interest totaling 1,469,800 shares, a drop of 0.1% from the previous total of 1,470,800 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 Sophos Group: CyberAgent, Inc. (0.00%), Casio Computer Co.,Ltd. (0.00%), Brother Industries, Ltd. (0.00%), Konica Minolta, Inc. (0.00%), Alps Alpine Co., Ltd. (0.00%), GREE, Inc. (0.03%), ams-OSRAM AG (0.00%), ROHM Co., Ltd. (0.00%), Seiko Epson Co. (0.00%), Rakuten Group, Inc. (0.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Tesla, Inc. ($7.24 billion), Charter Communications, Inc. ($4.18 billion), Microchip Technology Incorporated ($2.36 billion), McKesson Co. ($2.18 billion), Tiffany & Co. ($1.90 billion), The Charles Schwab Co. ($1.85 billion), Match Group, Inc. ($1.60 billion), Hormel Foods Co. ($1.59 billion), The Clorox Company ($1.52 billion), and eBay Inc. ($1.45 billion). View all of the most shorted stocks.

Short selling SPHHF is an investing strategy that aims to generate trading profit from Sophos Group as its price is falling. SPHHF shares are trading down $0.35 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 Sophos Group 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 SPHHF, 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 SPHHF, twice per month. The most recent reporting period available is February, 28 2020.