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Rimini Street (RMNI) Short Interest Ratio & Short Volume

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$1.95 -0.01 (-0.26%)
(As of 10:15 AM ET)

Rimini Street Short Interest Data

Rimini Street (RMNI) has a short interest of 2.09 million shares, representing 4.42% of the float (the number of shares available for trading by the public). This marks a 10.00% increase in short interest from the previous month. The short interest ratio (days to cover) is 8.1, indicating that it would take 8.1 days of the average trading volume of 259,755 shares to cover all short positions.

Current Short Interest
2,090,000 shares
Previous Short Interest
1,900,000 shares
Change Vs. Previous Month
+10.00%
Dollar Volume Sold Short
$3.70 million
Short Interest Ratio
8.1 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
90,920,000 shares
Float Size
47,290,000 shares
Short Percent of Float
4.42%
Today's Trading Volume
7,738 shares
Average Trading Volume
259,755 shares
Today's Volume Vs. Average
3%
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RMNI Short Interest Over Time

RMNI Days to Cover Over Time

RMNI Percentage of Float Shorted Over Time

Rimini Street Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20242,090,000 shares $3.70 million +10.0%4.4%8.1 $1.77
10/15/20241,900,000 shares $3.53 million -5.5%4.0%7.4 $1.86
9/30/20242,010,000 shares $3.72 million -7.4%4.3%8.9 $1.85
9/15/20242,170,000 shares $4.27 million +0.9%4.6%8.6 $1.97
8/31/20242,150,000 shares $3.78 million -2.7%4.7%9.1 $1.76
8/15/20242,210,000 shares $4.02 million -4.3%4.8%9.1 $1.82
7/31/20242,310,000 shares $5.13 million -6.9%5.1%9.1 $2.22
7/15/20242,480,000 shares $7.61 million -7.5%5.4%10.8 $3.07
6/30/20242,680,000 shares $8.23 million -8.2%5.9%10.7 $3.07
6/15/20242,920,000 shares $8.35 million -11.0%6.4%12.2 $2.86
5/31/20243,280,000 shares $8.43 million -1.2%7.2%13.2 $2.57
5/15/20243,320,000 shares $8.03 million -10.8%7.3%12.6 $2.42
4/30/20243,720,000 shares $9.90 million -3.4%8.1%14.3 $2.66
4/15/20243,850,000 shares $11.09 million -2.8%8.4%15.3 $2.88
3/31/20243,960,000 shares $12.91 million +0.8%8.7%14.6 $3.26
3/15/20243,930,000 shares $12.38 million +0.5%8.6%15 $3.15
2/29/20243,910,000 shares $12.63 million +2.1%8.6%12.7 $3.23
2/15/20243,830,000 shares $12.64 million +14.7%8.4%11.4 $3.30
1/31/20243,340,000 shares $10.96 million +65.4%7.4%8.3 $3.28
1/15/20242,020,000 shares $6.52 million -4.7%4.4%4.9 $3.23
12/31/20232,120,000 shares $6.93 million +19.8%4.5%5.3 $3.27
12/15/20231,770,000 shares $5.47 million -5.4%3.8%4.1 $3.09
11/30/20231,870,000 shares $5.87 million +2.8%4.0%4.3 $3.14
11/15/20231,820,000 shares $5.64 million No Change3.9%4.4 $3.10
10/31/20231,820,000 shares $3.95 million +5.2%3.9%4.5 $2.17
10/15/20231,730,000 shares $3.48 million -13.5%3.7%2.6 $2.01
9/30/20232,000,000 shares $4.40 million -6.5%4.3%3 $2.20
9/15/20232,140,000 shares $4.92 million +8.1%4.6%3.3 $2.30
8/31/20231,980,000 shares $4.79 million +1.0%4.3%3.3 $2.42
8/15/20231,960,000 shares $4.90 million -4.9%3.8%3.2 $2.50
7/31/20232,060,000 shares $5.60 million -29.2%4.0%3.4 $2.72
7/15/20232,910,000 shares $14.84 million +6.6%5.7%9.1 $5.10
6/30/20232,730,000 shares $13.08 million +5.4%5.4%8.7 $4.79
6/15/20232,590,000 shares $12.33 million +0.8%5.1%8.4 $4.76
5/31/20232,570,000 shares $11.82 million -14.6%5.0%8.3 $4.60
5/15/20233,010,000 shares $11.41 million +19.9%5.9%10.4 $3.79
4/30/20232,510,000 shares $9.39 million +5.0%4.9%9.5 $3.74
4/15/20232,390,000 shares $9.56 million +10.7%4.7%9.7 $4.00
3/31/20232,160,000 shares $8.90 million -5.3%4.5%7.9 $4.12
3/15/20232,280,000 shares $9.35 million +9.6%4.8%8.1 $4.10
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2/28/20232,080,000 shares $8.90 million +11.8%4.5%6.7 $4.28
2/15/20231,860,000 shares $9.02 million -3.6%4.0%6.3 $4.85
1/31/20231,930,000 shares $8.69 million +32.2%4.1%5.5 $4.50
1/15/20231,460,000 shares $6.26 million -8.2%3.1%3.9 $4.29
12/30/20221,590,000 shares $6.06 million +6.7%3.4%4.4 $3.81
12/15/20221,490,000 shares $5.35 million +5.7%3.2%4.1 $3.59
11/30/20221,410,000 shares $5.92 million -19.0%3.0%3.8 $4.20
11/15/20221,740,000 shares $7.13 million -13.9%3.8%4.3 $4.10
10/31/20222,020,000 shares $11.33 million -12.6%4.4%4.9 $5.61
10/15/20222,310,000 shares $11.02 million -6.1%5.0%5.8 $4.77
9/30/20222,460,000 shares $11.46 million +43.9%5.4%6.4 $4.66
9/15/20221,710,000 shares $8.57 million +14.0%3.7%4.2 $5.01
8/31/20221,500,000 shares $7.56 million -6.8%3.3%3.9 $5.04
8/15/20221,610,000 shares $8.57 million +1.9%3.5%4.6 $5.32
7/31/20221,580,000 shares $11.09 million -6.5%3.5%4.8 $7.02
7/15/20221,690,000 shares $10.36 million +0.6%3.7%5.5 $6.13
6/30/20221,680,000 shares $10.10 million -4.6%3.7%5.1 $6.01
6/15/20221,760,000 shares $10.23 million -6.9%3.9%5 $5.81
5/31/20221,890,000 shares $11.68 million +3.9%4.1%5.2 $6.18
5/15/20221,820,000 shares $10.70 million -0.6%4.0%4 $5.88
4/30/20221,830,000 shares $10.54 million -4.2%4.0%3.9 $5.76
4/15/20221,910,000 shares $11.67 million -7.7%4.2%3.5 $6.11
3/31/20222,070,000 shares $12.01 million -12.7%4.5%3.1 $5.80
3/15/20222,370,000 shares $12.37 million +12.3%5.2%3.6 $5.22
2/28/20222,110,000 shares $9.56 million +21.3%4.6%3.1 $4.53
2/15/20221,740,000 shares $8.73 million +18.4%3.8%2.7 $5.02
1/31/20221,470,000 shares $7.57 million +16.7%3.2%2.1 $5.15
1/15/20221,260,000 shares $6.46 million -24.6%3.1%1.5 $5.13
12/31/20211,670,000 shares $9.97 million -0.6%4.1%2.5 $5.97
12/15/20211,680,000 shares $9.64 million -17.7%4.2%2.2 $5.74
11/30/20212,040,000 shares $13.48 million +4.6%5.3%2.8 $6.61
11/15/20211,950,000 shares $13.85 million -10.1%5.1%2.8 $7.10
10/29/20212,170,000 shares $22.59 million -11.4%5.7%3.3 $10.41
10/15/20212,450,000 shares $24.03 million +26.9%6.4%5.2 $9.81
9/30/20211,930,000 shares $18.62 million +7.2%5.0%4.1 $9.65
9/15/20211,800,000 shares $17.46 million +0.6%4.7%4.1 $9.70
8/31/20211,790,000 shares $17.09 million +7.2%4.9%3.8 $9.55
8/13/20211,670,000 shares $12.84 million -9.7%4.6%3.7 $7.69
7/30/20211,850,000 shares $16.08 million +6.9%5.1%3.6 $8.69
7/15/20211,730,000 shares $13.22 million +3.0%4.8%3.6 $7.64
6/30/20211,680,000 shares $10.35 million +31.3%4.6%3.5 $6.16
6/15/20211,280,000 shares $8.51 million +14.3%3.5%2.9 $6.65
5/28/20211,120,000 shares $7.29 million -3.5%3.1%2.7 $6.51
5/14/20211,160,000 shares $6.88 million +197.9%3.2%2.1 $5.94
4/30/2021389,400 shares $3.21 million -15.0%1.2%0.7 $8.25
4/15/2021458,300 shares $3.92 million +38.0%1.4%0.9 $8.56
3/31/2021332,100 shares $2.66 million -5.6%1.2%0.6 $8.00
3/15/2021351,800 shares $2.90 million +5.2%1.2%0.7 $8.23
2/26/2021334,500 shares $2.56 million +13.6%1.3%0.7 $7.66
2/12/2021294,400 shares $2.50 million +2.6%1.1%1.1 $8.50
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1/29/2021287,000 shares $2.00 million +28.0%1.1%1 $6.98
1/15/2021224,300 shares $1.52 million +23.3%0.9%0.9 $6.77
12/31/2020181,900 shares $805,817.00 -0.9%0.7%0.9 $4.43
12/15/2020183,500 shares $847,770.00 -22.2%0.7%1 $4.62
11/30/2020235,700 shares $978,155.00 -29.1%0.9%1.1 $4.15
11/15/2020332,300 shares $1.33 million +49.7%1.3%1.6 $3.99
10/30/2020222,000 shares $728,160.00 -8.3%0.9%1 $3.28
10/15/2020242,100 shares $798,930.00 -9.3%0.9%1.1 $3.30
9/30/2020266,800 shares $859,096.00 -14.7%1.0%1.2 $3.22
9/15/2020312,800 shares $1.29 million -41.8%1.2%1.4 $4.13
8/31/2020537,500 shares $2.35 million +98.4%2.1%2.7 $4.38
8/14/2020270,900 shares $1.22 million +6.8%1.4%1.6 $4.50
7/31/2020253,600 shares $1.34 million +0.1%1.4%2 $5.29
7/15/2020253,400 shares $1.34 million +11.1%1.4%2.7 $5.28
6/30/2020228,100 shares $1.10 million +49.5%1.3%2.7 $4.81
6/15/2020152,600 shares $650,076.00 -17.4%0.8%1.9 $4.26
5/29/2020184,800 shares $824,208.00 +15.6%1.0%2.2 $4.46
5/15/2020159,900 shares $658,788.00 -0.9%0.9%1.9 $4.12
4/30/2020161,300 shares $745,206.00 -3.6%0.4%1.5 $4.62
4/15/2020167,400 shares $627,750.00 -13.9%0.9%1.5 $3.75
3/31/2020194,500 shares $768,275.00 +7.3%1.1%1.5 $3.95
3/13/2020181,300 shares $714,322.00 +80.8%1.1%1.9 $3.94
2/28/2020100,300 shares $377,128.00 +49.5%0.6%0.9 $3.76
2/14/202067,100 shares $284,504.00 -14.6%0.4%0.6 $4.24
1/31/202078,600 shares $374,136.00 -59.9%0.5%0.9 $4.76
1/15/2020195,800 shares $928,092.00 -8.4%1.1%2.5 $4.74
12/31/2019213,700 shares $1.12 million -36.7%1.3%3.8 $5.23

RMNI Short Interest - Frequently Asked Questions

What is Rimini Street's current short interest?

Short interest is the volume of Rimini Street shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 2,090,000 shares of RMNI short. 4.42% of Rimini Street's shares are currently sold short. Learn More on Rimini Street's current short interest.

What is a good short interest ratio for Rimini Street?

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. RMNI shares currently have a short interest ratio of 8.0. Learn More on Rimini Street's short interest ratio.

What is a good short interest percentage for Rimini Street?

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. 4.42% of Rimini Street's floating shares are currently sold short.

Is Rimini Street's short interest increasing or decreasing?

Rimini Street saw a increase in short interest in October. As of October 31st, there was short interest totaling 2,090,000 shares, an increase of 10.0% from the previous total of 1,900,000 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.

What is Rimini Street's float size?

Rimini Street currently has issued a total of 90,920,000 shares. Some of Rimini Street'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. Rimini Street currently has a public float of 47,290,000 shares.

How does Rimini Street's short interest compare to its competitors?

4.42% of Rimini Street's shares are currently sold short. Here is how the short interest of companies compare to Rimini Street: OptimizeRx Co. (6.02%), comScore, Inc. (0.73%), The RMR Group Inc. (1.48%), Montrose Environmental Group, Inc. (9.94%), Priority Technology Holdings, Inc. (0.83%), International Money Express, Inc. (4.09%), Willdan Group, Inc. (3.02%), Conduent Incorporated (1.63%), Enviri Co. (1.95%), Bowman Consulting Group Ltd. (2.93%),

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 Rimini Street stock?

Short selling RMNI is an investing strategy that aims to generate trading profit from Rimini Street as its price is falling. RMNI 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.

How does a short squeeze work against Rimini Street?

A short squeeze for Rimini Street 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 RMNI, which in turn drives the price of the stock up even further.

How often is Rimini Street's 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 RMNI, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:RMNI) was last updated on 11/21/2024 by MarketBeat.com Staff
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