Astra Space (ASTR) Short Interest Ratio & Short Volume

Short interest is the volume of Astra Space shares that have been sold short but have not yet been closed out or covered. As of June 30th, traders have sold 1,660,000 shares of ASTR short. 10.02% of Astra Space's shares are currently sold short. Learn More on Astra Space'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. ASTR shares currently have a short interest ratio of 9.0. Learn More on Astra Space's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Astra Space: Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 10.02% of Astra Space's floating shares are currently sold short.

Astra Space saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,660,000 shares, an increase of 78.1% from the previous total of 932,000 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.

Astra Space currently has issued a total of 22,894,000 shares. Some of Astra Space'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. Astra Space currently has a public float of 16,560,000 shares.

10.02% of Astra Space's shares are currently sold short. Here is how the short interest of companies in the industry of "transportation" compare to Astra Space: Mesa Air Group, Inc. (0.75%), Shengfeng Development Limited (1.47%), Pyxis Tankers Inc. (1.44%), EuroDry Ltd. (0.06%), Castor Maritime Inc. (0.93%), Top Ships Inc. (1.58%), Globus Maritime Limited (3.40%), Performance Shipping Inc. (6.64%), United Maritime Co. (8.70%), Globavend Holdings Limited (0.84%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.71 billion), TC Energy Co. ($2.95 billion), Moderna, Inc. ($2.63 billion), Royal Caribbean Cruises Ltd. ($2.53 billion), Paychex, Inc. ($2.03 billion), Cencora, Inc. ($2.03 billion), Tractor Supply ($1.91 billion), Rivian Automotive, Inc. ($1.78 billion), Chesapeake Energy Co. ($1.50 billion), and United Therapeutics Co. ($1.40 billion). View all of the most shorted stocks.

Short selling ASTR is an investing strategy that aims to generate trading profit from Astra Space 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 Astra Space 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 ASTR, 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 ASTR, twice per month. The most recent reporting period available is June, 30 2024.