Sigma Lithium (SGML) Short Interest Ratio & Short Volume

Short interest is the volume of Sigma Lithium shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 10,000,000 shares of SGML short. 19.30% of Sigma Lithium's shares are currently sold short. Learn More on Sigma Lithium'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. SGML shares currently have a short interest ratio of 12.0. Learn More on Sigma Lithium's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Sigma Lithium: Walleye Capital 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. 19.30% of Sigma Lithium's floating shares are currently sold short.

Sigma Lithium saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 10,000,000 shares, an increase of 1.7% from the previous total of 9,830,000 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.

Sigma Lithium currently has issued a total of 111,140,000 shares. Some of Sigma Lithium'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. Sigma Lithium currently has a public float of 51,820,000 shares.

19.30% of Sigma Lithium's shares are currently sold short. Here is how the short interest of companies compare to Sigma Lithium: Knife River Co. (2.10%), NexGen Energy Ltd. (10.07%), Hudbay Minerals Inc. (1.17%), MP Materials Corp. (18.20%), Atlas Energy Solutions Inc. (14.76%), Ero Copper Corp. (3.52%), Metals Acquisition Limited (4.45%), Lithium Americas Corp. (16.08%), enCore Energy Corp. (4.30%), Critical Metals Corp. (3.38%),

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 SGML is an investing strategy that aims to generate trading profit from Sigma Lithium as its price is falling. SGML shares are trading down $1.29 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 Sigma Lithium 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 SGML, 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 SGML, twice per month. The most recent reporting period available is October, 31 2024.