Red Cat (RCAT) Short Interest Ratio & Short Volume

Short interest is the volume of Red Cat shares that have been sold short but have not yet been covered or closed out. As of November 15th, traders have sold 5,230,000 shares of RCAT short. 9.16% of Red Cat's shares are currently sold short. Learn More on Red Cat'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. RCAT shares currently have a short interest ratio of 2.0. Learn More on Red Cat's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Red Cat: Belvedere Trading 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. 9.16% of Red Cat's floating shares are currently sold short.

Red Cat saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 5,230,000 shares, an increase of 2.1% from the previous total of 5,120,000 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.

Red Cat currently has issued a total of 75,460,000 shares. Some of Red Cat'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. Red Cat currently has a public float of 57,080,000 shares.

9.16% of Red Cat's shares are currently sold short. Here is how the short interest of companies in the industry of "computer software" compare to Red Cat: DoubleVerify Holdings, Inc. (5.37%), Instructure Holdings, Inc. (10.35%), Asana, Inc. (10.53%), Paycor HCM, Inc. (6.39%), SoundHound AI, Inc. (27.59%), Appian Co. (5.95%), AvePoint, Inc. (6.02%), Alarm.com Holdings, Inc. (5.05%), JFrog Ltd. (3.95%), Rapid7, Inc. (5.27%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.85 billion), Charter Communications, Inc. ($4.81 billion), International Paper ($2.96 billion), Cencora, Inc. ($2.40 billion), Paychex, Inc. ($2.38 billion), Lululemon Athletica Inc. ($2.05 billion), SoFi Technologies, Inc. ($2.03 billion), Live Nation Entertainment, Inc. ($1.93 billion), Onsemi ($1.82 billion), and Tractor Supply ($1.65 billion). View all of the most shorted stocks.

Short selling RCAT is an investing strategy that aims to generate trading profit from Red Cat as its price is falling. RCAT shares are trading down $1.20 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 Red Cat 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 RCAT, 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 RCAT, twice per month. The most recent reporting period available is November, 15 2024.