BIOLASE (BIOL) Short Interest Ratio & Short Volume

Short interest is the volume of BIOLASE shares that have been sold short but have not yet been closed out or covered. As of June 15th, investors have sold 1,970,000 shares of BIOL short. 6.14% of BIOLASE's shares are currently sold short. Learn More on BIOLASE's current short interest.

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. 6.14% of BIOLASE's floating shares are currently sold short.

BIOLASE saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,970,000 shares, a decrease of 6.2% from the previous total of 2,100,000 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.

BIOLASE currently has issued a total of 33,407,000 shares. Some of BIOLASE'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. BIOLASE currently has a public float of 32,080,000 shares.

6.14% of BIOLASE's shares are currently sold short. Here is how the short interest of companies in the industry of "medical equipment" compare to BIOLASE: Dynatronics Co. (1.23%), Assure Holdings Corp. (0.43%), Nyxoah S.A. (0.46%), Stevanato Group S.p.A. (7.50%), Zimmer Biomet Holdings, Inc. (3.34%), Solventum Co. (2.61%), Smith & Nephew plc (0.66%), Penumbra, Inc. (4.82%), Glaukos Co. (4.82%), Bausch + Lomb Co. (3.13%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($5.04 billion), T-Mobile US, Inc. ($4.49 billion), Charter Communications, Inc. ($3.25 billion), Moderna, Inc. ($3.02 billion), General Motors ($2.91 billion), Royal Caribbean Cruises Ltd. ($2.37 billion), Cencora, Inc. ($2.19 billion), Tractor Supply ($1.82 billion), Williams-Sonoma, Inc. ($1.72 billion), and Enphase Energy, Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling BIOL is an investing strategy that aims to generate trading profit from BIOLASE as its price is falling. BIOL shares are trading down $0.01 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 BIOLASE 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 BIOL, 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 BIOL, twice per month. The most recent reporting period available is June, 15 2024.