MicroAlgo (MLGO) Short Interest Ratio & Short Volume

Short interest is the volume of MicroAlgo shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 3,390,000 shares of MLGO short. Learn More on MicroAlgo's current short interest.

MicroAlgo saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 3,390,000 shares, an increase of 143.9% from the previous total of 1,390,000 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.

Here is how the short interest of companies compare to MicroAlgo: Luokung Technology Corp. (3.29%), XTI Aerospace, Inc. (2.57%), SaverOne 2014 Ltd. (13.98%), X3 Holdings Co Ltd. (0.03%), AGM Group Holdings Inc. (0.22%), Infosys Limited (1.81%), Cognizant Technology Solutions Co. (3.13%), Wipro Limited (0.58%), Zscaler, Inc. (4.59%), VeriSign, Inc. (2.34%),

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 MLGO is an investing strategy that aims to generate trading profit from MicroAlgo as its price is falling. MLGO 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 MicroAlgo 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 MLGO, 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 MLGO, twice per month. The most recent reporting period available is October, 31 2024.