S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
Log in

Towerstream Short Interest Ratio and Short Volume

-0.47 (-58.75 %)
(As of 03/8/2021 12:00 AM ET)
Today's Range
Now: $0.33
50-Day Range
MA: $0.59
52-Week Range
Now: $0.33
Volume226 shs
Average Volume1,335 shs
Market Capitalization$203,610.00
P/E RatioN/A
Dividend YieldN/A

Short Interest

Towerstream (OTCMKTS:TWER) Short Interest Data

Current Short Volume1,200 shares
Previous Short Volume1,200 shares
Change Vs. Previous MonthNo Change
Dollar Volume Sold Short$684.00
Short Interest Ratio / Days to Cover0.8
Last Record DateFebruary, 12 2021
Outstanding Shares617,000 shares
Percentage of Shares Shorted0.19%
Today's Trading Volume226 shares
Average Trading Volume1,335 shares
Today's Volume Vs. Average-83.07%

Short Interest Over Time

Towerstream (OTCMKTS:TWER) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/20211,200 shares $684.00 No ChangeN/A0.8 $0.57
1/29/20211,200 shares $360.00 +71.4%N/A2 $0.30
1/15/2021700 shares $420.00 -12.5%N/A0.4 $0.60
12/31/2020700 shares $245.00 -12.5%N/A0.4 $0.35
12/15/2020700 shares $253.40 -12.5%N/A0.4 $0.36
11/30/2020800 shares $256.00 No ChangeN/A1.3 $0.32
11/15/2020800 shares $520.00 No ChangeN/A1 $0.65
10/30/2020800 shares $520.00 -11.1%N/A0.6 $0.65
10/15/2020900 shares $315.00 No ChangeN/A1.5 $0.35
9/30/2020900 shares $180.00 +28.6%N/A1.3 $0.20
9/15/2020700 shares $350.00 No ChangeN/A3.5 $0.50
8/31/2020700 shares $105.00 -12.5%N/A1.4 $0.15
8/14/2020800 shares $200.00 -11.1%N/A1.6 $0.25
7/31/2020900 shares $225.00 -25.0%N/A1.8 $0.25
7/15/20201,200 shares $480.00 No ChangeN/A4 $0.40
6/30/20201,200 shares $480.00 -7.7%N/A0.3 $0.40
6/15/20201,300 shares $1,170.00 +8.3%N/A2.6 $0.90
5/29/20201,200 shares $576.00 No ChangeN/A4 $0.48
5/15/20201,200 shares $576.00 No ChangeN/A6 $0.48
4/30/20201,200 shares $576.00 No ChangeN/A12 $0.48
4/15/20201,200 shares $276.00 -14.3%N/A12 $0.23
3/31/20201,400 shares $700.00 +16.7%N/A0.4 $0.50
3/13/20201,200 shares $612.00 No ChangeN/A0.9 $0.51
2/28/20201,200 shares $624.00 No ChangeN/A6 $0.52
2/14/20201,200 shares $600.00 No ChangeN/A4 $0.50

Towerstream (OTCMKTS:TWER) Short Interest FAQ

speech bubbles
speech bubbles

What is Towerstream's current short interest?

Short interest is the volume of Towerstream shares that have been sold short but have not yet been covered or closed out. As of February 12th, traders have sold 1,200 shares of TWER short.

What is a good short interest ratio for Towerstream?

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. Towerstream currently has a short interest ratio of 1.0.

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

0.00% of Towerstream's shares are currently sold short. Here is how the short interest of companies in the industry of "communication services, not elsewhere classified" compare to Towerstream: Telecom Italia S.p.A. (0.00%), Telecom Italia S.p.A. (0.00%), Cogent Communications Holdings, Inc. (3.32%), Calix, Inc. (4.94%), Globalstar, Inc. (8.49%), Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (0.00%), Gogo Inc. (40.05%), Boingo Wireless, Inc. (6.88%), ORBCOMM Inc. (2.17%), and uCloudlink Group 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: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Towerstream stock?

Short selling TWER is an investing strategy that aims to generate trading profit from Towerstream as its price is falling. Towerstream's stock is trading down $0.47 today. To short Towerstream 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 Towerstream 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 Towerstream?

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

How often is Towerstream'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 TWER, twice per month. The most recent reporting period available is February, 12 2021.

This page was last updated on 3/9/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.