AFC Gamma (AFCG) Short Interest Ratio & Short Volume

Short interest is the volume of AFC Gamma shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 462,000 shares of AFCG short. 2.79% of AFC Gamma's shares are currently sold short. Learn More on AFC Gamma'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. AFCG shares currently have a short interest ratio of 3.0. Learn More on AFC Gamma's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 2.79% of AFC Gamma's floating shares are currently sold short.

AFC Gamma saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 462,000 shares, an increase of 7.4% from the previous total of 430,000 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.

AFC Gamma currently has issued a total of 20,667,000 shares. Some of AFC Gamma's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. AFC Gamma currently has a public float of 16,540,000 shares.

2.79% of AFC Gamma's shares are currently sold short. Here is how the short interest of companies compare to AFC Gamma: SWK Holdings Co. (0.40%), Consumer Portfolio Services, Inc. (11.88%), Regional Management Corp. (2.70%), Cango Inc. (0.01%), 9F Inc. (0.06%), Qudian Inc. (0.32%), Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (0.86%), Five Point Holdings, LLC (0.19%), Boston Omaha Co. (3.70%), Maui Land & Pineapple Company, Inc. (1.54%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling AFCG is an investing strategy that aims to generate trading profit from AFC Gamma as its price is falling. AFCG shares are trading down $0.13 today. 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 AFC Gamma 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 AFCG, 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 AFCG, twice per month. The most recent reporting period available is October, 31 2024.