Bitcoin Depot (BTMWW) Short Interest Ratio & Short Volume

Short interest is the volume of Bitcoin Depot shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 3,000 shares of BTMWW short. Learn More on Bitcoin Depot's current short interest.

Bitcoin Depot saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 3,000 shares, a decrease of 82.7% from the previous total of 17,300 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 sector of "financial services" compare to Bitcoin Depot: Aimfinity Investment Corp. I (0.01%),

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 BTMWW is an investing strategy that aims to generate trading profit from Bitcoin Depot 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 Bitcoin Depot 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 BTMWW, 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 BTMWW, twice per month. The most recent reporting period available is October, 31 2024.