mPhase Technologies (XDSL) Short Interest Ratio & Short Volume

Short interest is the volume of mPhase Technologies shares that have been sold short but have not yet been covered or closed out. As of September 30th, investors have sold 29,500 shares of XDSL short. Learn More on mPhase Technologies' current short interest.

mPhase Technologies saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 29,500 shares, an increase of ∞ from the previous total of 0 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 industry of "computer software" compare to mPhase Technologies: Net Medical Xpress Solutions, Inc. (0.01%), Zapata Computing Holdings Inc. (0.58%), Sharing Economy International Inc. (0.00%), ImageWare Systems, Inc. (0.18%), LZG International, Inc. (0.00%), Presto Automation Inc. (0.00%), Grom Social Enterprises, Inc. (0.00%), Coro Global Inc. (0.01%), Kaleido Biosciences, Inc. (0.17%), Oncology Pharma Inc. (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Corporation ($4.11 billion), Charter Communications, Inc. ($3.68 billion), T-Mobile US, Inc. ($3.56 billion), Canadian Natural Resources Limited ($3.54 billion), Occidental Petroleum Corporation ($3.02 billion), Tractor Supply Company ($2.29 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($1.91 billion), Celsius Holdings Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.76 billion). View all of the most shorted stocks.

Short selling XDSL is an investing strategy that aims to generate trading profit from mPhase Technologies 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 mPhase Technologies 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 XDSL, 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 XDSL, twice per month. The most recent reporting period available is September, 30 2023.