Transphorm (TGAN) Short Interest Ratio & Short Volume

Short interest is the volume of Transphorm shares that have been sold short but have not yet been covered or closed out. As of May 31st, traders have sold 901,400 shares of TGAN short. 3.70% of Transphorm's shares are currently sold short. Learn More on Transphorm'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. TGAN shares currently have a short interest ratio of 5.0. Learn More on Transphorm'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. 3.70% of Transphorm's floating shares are currently sold short.

Transphorm saw a decline in short interest in May. As of May 31st, there was short interest totaling 901,400 shares, a decline of 3.3% from the previous total of 932,200 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.

Transphorm currently has issued a total of 61,960,000 shares. Some of Transphorm'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. Transphorm currently has a public float of 24,340,000 shares.

3.70% of Transphorm's shares are currently sold short. Here is how the short interest of companies in the industry of "electronic equipment" compare to Transphorm: Bel Fuse Inc. (9.51%), JinkoSolar Holding Co., Ltd. (9.41%), Ichor Holdings, Ltd. (2.16%), CommScope Holding Company, Inc. (3.57%), indie Semiconductor, Inc. (16.73%), Himax Technologies, Inc. (3.67%), Wolfspeed, Inc. (28.65%), Canadian Solar Inc. (21.06%), Shoals Technologies Group, Inc. (11.75%), ChipMOS TECHNOLOGIES INC. (0.04%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.43 billion), Charter Communications, Inc. ($3.54 billion), Occidental Petroleum Co. ($3.11 billion), Moderna, Inc. ($2.88 billion), General Motors ($2.62 billion), Royal Caribbean Cruises Ltd. ($2.34 billion), Coinbase Global, Inc. ($2.25 billion), Tractor Supply ($2.12 billion), Dell Technologies Inc. ($1.89 billion), and Enphase Energy, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling TGAN is an investing strategy that aims to generate trading profit from Transphorm as its price is falling. 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 Transphorm 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 TGAN, 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 TGAN, twice per month. The most recent reporting period available is May, 31 2024.