BrightSpring Health Services (BTSGU) Short Interest Ratio & Short Volume

Short interest is the volume of BrightSpring Health Services shares that have been sold short but have not yet been covered or closed out. As of December 31st, traders have sold 6,000 shares of BTSGU short. Learn More on BrightSpring Health Services' current short interest.

BrightSpring Health Services saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 6,000 shares, an increase of 81.8% from the previous total of 3,300 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 "medical" compare to BrightSpring Health Services: Forian Inc. (0.69%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling BTSGU is an investing strategy that aims to generate trading profit from BrightSpring Health Services as its price is falling. BTSGU shares are trading up $2.16 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 BrightSpring Health Services 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 BTSGU, 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 BTSGU, twice per month. The most recent reporting period available is December, 31 2024.