SOBR Safe (SOBR) Short Interest Ratio & Short Volume

Short interest is the volume of SOBR Safe shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 93,100 shares of SOBR short. 12.15% of SOBR Safe's shares are currently sold short. Learn More on SOBR Safe's 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. 12.15% of SOBR Safe's floating shares are currently sold short.

SOBR Safe saw a decline in short interest in October. As of October 31st, there was short interest totaling 93,100 shares, a decline of 0.2% from the previous total of 93,300 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.

SOBR Safe currently has issued a total of 920,000 shares. Some of SOBR Safe'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. SOBR Safe currently has a public float of 766,500 shares.

12.15% of SOBR Safe's shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to SOBR Safe: Ideanomics, Inc. (9.51%), Nauticus Robotics, Inc. (3.90%), Pop Culture Group Co., Ltd (1.27%), Integrated Media Technology Limited (2.35%), Boxlight Co. (0.58%), Eightco Holdings Inc. (0.83%), Nukkleus Inc. (3.21%), Haoxi Health Technology Limited (21.12%), Luokung Technology Corp. (3.29%), ZW Data Action Technologies Inc. (1.64%),

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 SOBR is an investing strategy that aims to generate trading profit from SOBR Safe as its price is falling. SOBR shares are trading up $0.36 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 SOBR Safe 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 SOBR, 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 SOBR, twice per month. The most recent reporting period available is October, 31 2024.