Star Equity (STRRP) Short Interest Ratio & Short Volume

Short interest is the volume of Star Equity shares that have been sold short but have not yet been covered or closed out. As of July 31st, traders have sold 7,100 shares of STRRP short. Learn More on Star Equity'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. STRRP shares currently have a short interest ratio of 2.0. Learn More on Star Equity's short interest ratio.

Star Equity saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 7,100 shares, an increase of 108.8% from the previous total of 3,400 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.

Here is how the short interest of companies in the industry of "medical equipment" compare to Star Equity: GE HealthCare Technologies Inc. (2.75%), Koninklijke Philips (0.18%), Zimmer Biomet Holdings, Inc. (3.69%), Solventum Co. (3.18%), Smith & Nephew plc (0.64%), Penumbra, Inc. (4.79%), Glaukos Co. (5.51%), Stevanato Group S.p.A. (7.54%), Bausch + Lomb Co. (3.49%), Inspire Medical Systems, Inc. (7.91%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.45 billion), Moderna, Inc. ($2.69 billion), Royal Caribbean Cruises Ltd. ($2.55 billion), Paychex, Inc. ($2.13 billion), Rivian Automotive, Inc. ($1.96 billion), Onsemi ($1.94 billion), Tractor Supply ($1.84 billion), Enphase Energy, Inc. ($1.77 billion), Chesapeake Energy Co. ($1.69 billion), and International Paper ($1.54 billion). View all of the most shorted stocks.

Short selling STRRP is an investing strategy that aims to generate trading profit from Star Equity as its price is falling. STRRP shares are trading down $0.30 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 Star Equity 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 STRRP, 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 STRRP, twice per month. The most recent reporting period available is July, 31 2024.