Tian Ruixiang (TIRX) Short Interest Ratio & Short Volume

Short interest is the volume of Tian Ruixiang shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 33,700 shares of TIRX short. 10.93% of Tian Ruixiang's shares are currently sold short. Learn More on Tian Ruixiang'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. TIRX shares currently have a short interest ratio of 1.0. Learn More on Tian Ruixiang'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. 10.93% of Tian Ruixiang's floating shares are currently sold short.

Tian Ruixiang saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 33,700 shares, an increase of 88.3% from the previous total of 17,900 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.

Tian Ruixiang currently has issued a total of 720,000 shares. Some of Tian Ruixiang'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. Tian Ruixiang currently has a public float of 308,400 shares.

10.93% of Tian Ruixiang's shares are currently sold short. Here is how the short interest of companies compare to Tian Ruixiang: Marsh & McLennan Companies, Inc. (0.88%), Aon plc (2.24%), Arthur J. Gallagher & Co. (1.30%), Brown & Brown, Inc. (1.91%), Willis Towers Watson Public Limited (0.97%), Erie Indemnity (3.18%), Ryan Specialty Holdings, Inc. (6.13%), Equitable Holdings, Inc. (1.31%), CorVel Co. (3.84%), The Baldwin Insurance Group, Inc. (5.60%),

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 TIRX is an investing strategy that aims to generate trading profit from Tian Ruixiang as its price is falling. TIRX shares are trading down $0.03 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 Tian Ruixiang 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 TIRX, 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 TIRX, twice per month. The most recent reporting period available is October, 31 2024.