Wireless Xcessories Group (WIRX) Short Interest Ratio & Short Volume

Short interest is the volume of Wireless Xcessories Group shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 300 shares of WIRX short. Learn More on Wireless Xcessories 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. WIRX shares currently have a short interest ratio of 3.0. Learn More on Wireless Xcessories Group's short interest ratio.

Here is how the short interest of companies in the sector of "computer and technology" compare to Wireless Xcessories Group: Manhattan Scientifics, Inc. (0.00%), NOVONIX Limited (0.35%), Advanced Info Service Public Company Limited (0.00%), Allego (4.05%), and

As of the most recent reporting period, the following stocks had the largest short interest positions: Block, Inc. ($9.12 billion), S&P Global Inc. ($7.79 billion), Advanced Micro Devices, Inc. ($6.62 billion), Charter Communications, Inc. ($6.07 billion), Wayfair Inc. ($4.53 billion), Zoom Video Communications, Inc. ($3.45 billion), Uber Technologies, Inc. ($3.08 billion), Canadian Pacific Kansas City Limited ($2.97 billion), Palo Alto Networks, Inc. ($2.74 billion), and MongoDB, Inc. ($2.61 billion). View all of the most shorted stocks.

Short selling WIRX is an investing strategy that aims to generate trading profit from Wireless Xcessories 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 Wireless Xcessories 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 WIRX, 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 WIRX, twice per month. The most recent reporting period available is September, 15 2021.