TruGolf (TRUG) Short Interest Ratio & Short Volume

Short interest is the volume of TruGolf shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 34,900 shares of TRUG short. 0.67% of TruGolf's shares are currently sold short. Learn More on TruGolf'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. 0.67% of TruGolf's floating shares are currently sold short.

TruGolf saw a decrease in short interest in October. As of October 31st, there was short interest totaling 34,900 shares, a decrease of 19.0% from the previous total of 43,100 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.

TruGolf currently has issued a total of 13,330,000 shares. Some of TruGolf'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. TruGolf currently has a public float of 5,200,000 shares.

0.67% of TruGolf's shares are currently sold short. Here is how the short interest of companies compare to TruGolf: SRM Entertainment, Inc. (14.38%), Integrated Media Technology Limited (2.35%), AquaBounty Technologies, Inc. (2.28%), Sacks Parente Golf, Inc. (5.23%), Fujian Blue Hat Interactive Entertainment Technology Ltd. (2.36%), The Singing Machine Company, Inc. (2.21%), Sony Group Co. (0.16%), Peloton Interactive, Inc. (16.97%), Sonos, Inc. (8.11%), Topgolf Callaway Brands Corp. (12.24%),

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 TRUG is an investing strategy that aims to generate trading profit from TruGolf as its price is falling. TRUG shares are trading up $0.01 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 TruGolf 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 TRUG, 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 TRUG, twice per month. The most recent reporting period available is October, 31 2024.