Turtle Beach (HEAR) Short Interest Ratio & Short Volume

Short interest is the volume of Turtle Beach shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 816,100 shares of HEAR short. 6.21% of Turtle Beach's shares are currently sold short. Learn More on Turtle Beach'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. HEAR shares currently have a short interest ratio of 5.0. Learn More on Turtle Beach's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Turtle Beach: Wolverine Trading LLC, and Walleye Capital 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. 6.21% of Turtle Beach's floating shares are currently sold short.

Turtle Beach saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 816,100 shares, an increase of 4.6% from the previous total of 780,200 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.

Turtle Beach currently has issued a total of 20,080,000 shares. Some of Turtle Beach'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. Turtle Beach currently has a public float of 13,150,000 shares.

6.21% of Turtle Beach's shares are currently sold short. Here is how the short interest of companies compare to Turtle Beach: PowerFleet, Inc. (1.70%), JinkoSolar Holding Co., Ltd. (9.41%), Bel Fuse Inc. (9.51%), Ichor Holdings, Ltd. (2.16%), CommScope Holding Company, Inc. (3.57%), indie Semiconductor, Inc. (16.73%), Himax Technologies, Inc. (3.67%), Wolfspeed, Inc. (28.65%), Canadian Solar Inc. (21.06%), Shoals Technologies Group, Inc. (11.75%),

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 HEAR is an investing strategy that aims to generate trading profit from Turtle Beach as its price is falling. HEAR shares are trading down $0.14 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 Turtle Beach 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 HEAR, 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 HEAR, twice per month. The most recent reporting period available is October, 31 2024.