American Well (AMWL) Short Interest Ratio & Short Volume

Short interest is the volume of American Well shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 382,100 shares of AMWL short. 3.27% of American Well's shares are currently sold short. Learn More on American Well'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. AMWL shares currently have a short interest ratio of 7.0. Learn More on American Well'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. 3.27% of American Well's floating shares are currently sold short.

American Well saw a decrease in short interest in October. As of October 31st, there was short interest totaling 382,100 shares, a decrease of 14.2% from the previous total of 445,500 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.

American Well currently has issued a total of 15,320,000 shares. Some of American Well'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. American Well currently has a public float of 11,670,000 shares.

3.27% of American Well's shares are currently sold short. Here is how the short interest of companies in the industry of "business services, not elsewhere classified" compare to American Well: Zhihu Inc. (1.36%), Resources Connection, Inc. (3.11%), Accolade, Inc. (6.03%), Paysign, Inc. (1.22%), Bridger Aerospace Group Holdings, Inc. (5.72%), Rimini Street, Inc. (4.42%), Nutex Health Inc. (1.15%), MultiPlan Co. (3.42%), FiscalNote Holdings, Inc. (6.58%), Akso Health Group (0.01%),

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 AMWL is an investing strategy that aims to generate trading profit from American Well as its price is falling. AMWL shares are trading down $0.19 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 American Well 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 AMWL, 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 AMWL, twice per month. The most recent reporting period available is October, 31 2024.