Richtech Robotics (RR) Short Interest Ratio & Short Volume

Short interest is the volume of Richtech Robotics shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 3,880,000 shares of RR short. 9.74% of Richtech Robotics' shares are currently sold short. Learn More on Richtech Robotics' current short interest.

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. 9.74% of Richtech Robotics' floating shares are currently sold short.

Richtech Robotics saw a increase in short interest in October. As of October 31st, there was short interest totaling 3,880,000 shares, an increase of 0.5% from the previous total of 3,860,000 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.

Richtech Robotics currently has issued a total of 79,260,000 shares. Some of Richtech Robotics' 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. Richtech Robotics currently has a public float of 39,830,000 shares.

9.74% of Richtech Robotics' shares are currently sold short. Here is how the short interest of companies in the industry of "machinery" compare to Richtech Robotics: Desktop Metal, Inc. (14.26%), Taylor Devices, Inc. (3.84%), Perma-Pipe International Holdings, Inc. (0.27%), Drilling Tools International Co. (3.17%), Manitex International, Inc. (0.81%), Profire Energy, Inc. (0.43%), A2Z Smart Technologies Corp. (0.47%), TPI Composites, Inc. (14.07%), Amtech Systems, Inc. (0.39%), Westport Fuel Systems Inc. (4.02%),

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 RR is an investing strategy that aims to generate trading profit from Richtech Robotics as its price is falling. RR 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.

A short squeeze for Richtech Robotics 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 RR, 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 RR, twice per month. The most recent reporting period available is October, 31 2024.