Syra Health (SYRA) Short Interest Ratio & Short Volume

Short interest is the volume of Syra Health shares that have been sold short but have not yet been closed out or covered. As of December 31st, traders have sold 123,200 shares of SYRA short. 1.66% of Syra Health's shares are currently sold short. Learn More on Syra Health'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. 1.66% of Syra Health's floating shares are currently sold short.

Syra Health saw a drop in short interest during the month of December. As of December 31st, there was short interest totaling 123,200 shares, a drop of 48.7% from the previous total of 240,100 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.

Syra Health currently has issued a total of 9,810,000 shares. Some of Syra Health'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. Syra Health currently has a public float of 7,440,000 shares.

1.66% of Syra Health's shares are currently sold short. Here is how the short interest of companies in the industry of "business services" compare to Syra Health: Millennium Group International Holdings Limited (12.50%), Altisource Portfolio Solutions S.A. (7.50%), MOGU Inc. (0.05%), Paltalk, Inc. (0.43%), Guardforce AI Co., Limited (7.86%), CDT Environmental Technology Investment Holdings Limited (1.61%), Next Technology Holding Inc. (0.84%), Lytus Technologies Holdings PTV. Ltd. (19.96%), Stran & Company, Inc. (0.43%), SU Group Holdings Limited (2.54%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling SYRA is an investing strategy that aims to generate trading profit from Syra Health as its price is falling. SYRA shares are trading down $0.00 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 Syra Health 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 SYRA, 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 SYRA, twice per month. The most recent reporting period available is December, 31 2024.