Surge Components (SPRS) Short Interest Ratio & Short Volume

Short interest is the volume of Surge Components shares that have been sold short but have not yet been covered or closed out. As of June 15th, investors have sold 600 shares of SPRS short. Learn More on Surge Components' current short interest.

Surge Components saw a increase in short interest in June. As of June 15th, there was short interest totaling 600 shares, an increase of 200.0% from the previous total of 200 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 Surge Components: Net Savings Link, Inc. (0.00%), Nano Labs Ltd (0.09%), SPI Energy Co., Ltd. (0.36%), RESAAS Services Inc. (0.00%), Inrad Optics, Inc. (0.02%), B.O.S. Better Online Solutions Ltd. (0.30%), MultiSensor AI Holdings, Inc. (6.78%), Nvni Group Limited (0.08%), TSR, Inc. (1.07%), CISO Global Inc. (1.88%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.80 billion), Canadian Natural Resources Limited ($3.69 billion), Charter Communications, Inc. ($2.95 billion), Occidental Petroleum Co. ($2.78 billion), Moderna, Inc. ($2.38 billion), Palantir Technologies Inc. ($2.29 billion), T. Rowe Price Group, Inc. ($2.19 billion), Coinbase Global, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($2.02 billion), and Verisk Analytics, Inc. ($1.96 billion). View all of the most shorted stocks.

Short selling SPRS is an investing strategy that aims to generate trading profit from Surge Components as its price is falling. 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 Surge Components 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 SPRS, 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 SPRS, twice per month. The most recent reporting period available is June, 15 2023.