Silver Spike Investment (SSIC) Short Interest Ratio & Short Volume

Short interest is the volume of Silver Spike Investment shares that have been sold short but have not yet been closed out or covered. As of September 15th, investors have sold 9,800 shares of SSIC short. 0.58% of Silver Spike Investment's shares are currently sold short. Learn More on Silver Spike Investment'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. SSIC shares currently have a short interest ratio of 2.0. Learn More on Silver Spike Investment's short interest ratio.

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. 0.58% of Silver Spike Investment's floating shares are currently sold short.

Silver Spike Investment saw a decrease in short interest in September. As of September 15th, there was short interest totaling 9,800 shares, a decrease of 2.0% from the previous total of 10,000 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.

Silver Spike Investment currently has issued a total of 6,215,000 shares. Some of Silver Spike Investment'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. Silver Spike Investment currently has a public float of 1,700,000 shares.

0.58% of Silver Spike Investment's shares are currently sold short. Here is how the short interest of companies in the sector of "finance" compare to Silver Spike Investment: United Homes Group, Inc. (5.62%), Invesco Municipal Income Opportunities Trust (0.18%), TriplePoint Venture Growth BDC Corp. (4.74%), X Financial (0.05%), MFS Intermediate Income Trust (0.12%), Chicago Atlantic Real Estate Finance, Inc. (1.37%), Ponce Financial Group, Inc. (0.37%), Regional Management Corp. (2.70%), Colony Bankcorp, Inc. (0.42%), Primis Financial Corp. (0.43%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($6.15 billion), Charter Communications, Inc. ($4.04 billion), Paychex, Inc. ($2.77 billion), Nu Holdings Ltd. ($2.71 billion), Cencora, Inc. ($2.34 billion), Aptiv PLC ($2.18 billion), Tractor Supply ($2.07 billion), International Paper ($2.01 billion), AppLovin Co. ($1.95 billion), and Moderna, Inc. ($1.89 billion). View all of the most shorted stocks.

Short selling SSIC is an investing strategy that aims to generate trading profit from Silver Spike Investment as its price is falling. SSIC shares are trading up $0.43 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 Silver Spike Investment 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 SSIC, 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 SSIC, twice per month. The most recent reporting period available is September, 15 2024.