Magic Software Enterprises (MGIC) Short Interest Ratio & Short Volume $10.92 -0.04 (-0.36%) (As of 11/20/2024 ET) Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Magic Software Enterprises Short Interest DataMagic Software Enterprises (MGIC) has a short interest of 17,000 shares, representing 0.08% of the float (the number of shares available for trading by the public). This marks a -21.30% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.3, indicating that it would take 0.3 days of the average trading volume of 36,203 shares to cover all short positions.Current Short Interest17,000 sharesPrevious Short Interest21,600 sharesChange Vs. Previous Month-21.30%Dollar Volume Sold Short$190,570.00Short Interest Ratio0.3 Days to CoverLast Record DateOctober 31, 2024Outstanding Shares49,100,000 sharesFloat Size20,090,000 sharesShort Percent of Float0.08%Today's Trading Volume30,553 sharesAverage Trading Volume36,203 sharesToday's Volume Vs. Average84% Short Selling Magic Software Enterprises? Sign up to receive the latest short interest report for Magic Software Enterprises and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartMGIC Short Interest Over TimeMGIC Days to Cover Over TimeMGIC Percentage of Float Shorted Over Time Ad DarwinNew Year, New Opportunity! 2 AI Stocks Under $10 Ready to SoarAs we step into 2025, artificial intelligence (AI) stocks continue to dominate headlines, and now is the perfect moment to position yourself for the coming year’s potential. 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Magic Software Enterprises Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 10/31/202417,000 shares $190,570.00 -21.3%0.1%0.3 $11.21 10/15/202421,600 shares $242,784.00 -54.1%0.1%0.4 $11.24 9/30/202447,100 shares $556,722.00 -30.9%0.2%0.8 $11.82 9/15/202468,200 shares $784,300.00 +180.7%0.3%1.1 $11.50 8/31/202424,300 shares $263,655.00 -10.3%0.1%0.5 $10.85 8/15/202427,100 shares $283,195.00 -28.9%0.1%0.6 $10.45 Get the Latest News and Ratings for MGIC and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Magic Software Enterprises and its competitors with MarketBeat's FREE daily newsletter. 7/31/202438,100 shares $410,718.00 +31.4%0.2%0.8 $10.78 7/15/202429,000 shares $313,490.00 -16.4%0.1%0.6 $10.81 6/30/202434,700 shares $334,161.00 -1.7%0.1%0.7 $9.63 6/15/202435,300 shares $377,710.00 +25.2%0.1%0.6 $10.70 5/31/202428,200 shares $299,766.00 -31.1%0.1%0.5 $10.63 5/15/202440,900 shares $526,383.00 +92.0%0.2%0.7 $12.87 4/30/202421,300 shares $251,553.00 -19.9%0.1%0.4 $11.81 4/15/202426,600 shares $314,678.00 +92.8%0.1%0.4 $11.83 3/31/202413,800 shares $158,010.00 -21.6%0.1%0.2 $11.45 3/15/202417,600 shares $210,672.00 -45.5%0.1%0.3 $11.97 2/29/202432,300 shares $360,791.00 -34.0%0.1%0.5 $11.17 2/15/202448,900 shares $549,147.00 -15.3%0.2%0.8 $11.23 1/31/202457,700 shares $576,423.00 +22.0%0.2%1 $9.99 1/15/202447,300 shares $455,026.00 -57.6%0.2%0.8 $9.62 12/31/2023111,600 shares $1.08 million +116.3%0.4%2 $9.69 12/15/202351,600 shares $498,456.00 +46.6%0.2%1.1 $9.66 11/30/202335,200 shares $322,784.00 -6.1%0.1%0.9 $9.17 11/15/202337,500 shares $319,125.00 -25.2%0.1%1 $8.51 10/31/202350,100 shares $502,002.00 +56.6%0.2%1.5 $10.02 10/15/202332,000 shares $352,000.00 +251.7%0.1%1.3 $11.00 9/30/20239,100 shares $102,739.00 -43.1%0.0%0.5 $11.29 9/15/202316,000 shares $179,200.00 +29.0%0.1%0.9 $11.20 8/31/202312,400 shares $143,468.00 -16.2%0.1%0.6 $11.57 8/15/202314,800 shares $180,264.00 +131.3%0.1%0.6 $12.18 7/31/20236,400 shares $80,320.00 -24.7%0.0%0.3 $12.55 7/15/20238,500 shares $108,460.00 -12.4%0.0%0.4 $12.76 6/30/20239,700 shares $129,010.00 -18.5%0.0%0.4 $13.30 6/15/202311,900 shares $165,767.00 +25.3%0.1%0.5 $13.93 5/31/20239,500 shares $113,335.00 -22.1%0.0%0.3 $11.93 5/15/202312,200 shares $172,142.00 -34.1%0.1%0.5 $14.11 4/30/202318,500 shares $248,085.00 -13.6%0.1%0.7 $13.41 4/15/202321,400 shares $285,690.00 +63.4%0.1%0.8 $13.35 3/31/202313,100 shares $178,553.00 +84.5%0.1%0.6 $13.63 3/15/20237,100 shares $92,655.00 -34.9%0.0%0.3 $13.05Download Our Tesla Ebook For Free (Ad)Like many of you, we here at the TradingPub are bullish on Tesla long term. 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Short interest is the volume of Magic Software Enterprises shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 17,000 shares of MGIC short. 0.08% of Magic Software Enterprises' shares are currently sold short. Learn More on Magic Software Enterprises' current short interest. Which institutional investors are shorting Magic Software Enterprises? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Magic Software Enterprises: Wolverine Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Magic Software Enterprises? 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. 0.08% of Magic Software Enterprises' floating shares are currently sold short. Is Magic Software Enterprises' short interest increasing or decreasing? Magic Software Enterprises saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 17,000 shares, a decrease of 21.3% from the previous total of 21,600 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. What is Magic Software Enterprises' float size? Magic Software Enterprises currently has issued a total of 49,100,000 shares. Some of Magic Software Enterprises' 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. Magic Software Enterprises currently has a public float of 20,090,000 shares. How does Magic Software Enterprises' short interest compare to its competitors? 0.08% of Magic Software Enterprises' shares are currently sold short. Here is how the short interest of companies compare to Magic Software Enterprises: American Software, Inc. (1.24%), iClick Interactive Asia Group Limited (0.21%), PDF Solutions, Inc. (2.61%), Weibo Co. (8.19%), EverCommerce Inc. (7.12%), Sprinklr, Inc. (9.56%), Marqeta, Inc. (3.92%), Jamf Holding Corp. (5.66%), N-able, Inc. (1.47%), Opera Limited (1.51%), Which stocks are the most shorted right now? 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. What does it mean to sell short Magic Software Enterprises stock? Short selling MGIC is an investing strategy that aims to generate trading profit from Magic Software Enterprises as its price is falling. MGIC shares are trading down $0.04 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. How does a short squeeze work against Magic Software Enterprises? A short squeeze for Magic Software Enterprises 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 MGIC, which in turn drives the price of the stock up even further. How often is Magic Software Enterprises' short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MGIC, twice per month. The most recent reporting period available is October, 31 2024. More Short Interest Resources from MarketBeat Related Companies AMSWA Short Interest ICLK Short Interest PDFS Short Interest WB Short Interest EVCM Short Interest CXM Short Interest MQ Short Interest JAMF Short Interest NABL Short Interest OPRA Short Interest Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:MGIC) was last updated on 11/21/2024 by MarketBeat.com Staff From Our PartnersMissed Nvidia? 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