Track Group - TRCK Short Interest Ratio & Short Volume

Short interest is the volume of Track Group shares that have been sold short but have not yet been closed out or covered. As of February 28th, investors have sold 1,500 shares of TRCK short. Learn More on Track 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. TRCK shares currently have a short interest ratio of 1.0. Learn More on Track Group's short interest ratio.

Here is how the short interest of companies in the sector of "computer and technology" compare to Track Group: COMSovereign Holding Corp. (10.94%), The Coretec Group Inc. (0.00%), Vislink Technologies, Inc. (4.39%), ProtoSource Co. (0.00%), AppYea, Inc. (0.00%), SinglePoint Inc. (0.03%), SCWorx Corp. (0.15%), Sigma Additive Solutions, Inc. (2.55%), and Qualstar Co. (0.11%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling TRCK is an investing strategy that aims to generate trading profit from Track Group 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 Track Group 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 TRCK, 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 TRCK, twice per month. The most recent reporting period available is February, 28 2023.