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BIT Mining (BTCM) Short Interest Ratio & Short Volume

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$2.52 +0.08 (+3.28%)
As of 03:57 PM Eastern

BIT Mining Short Interest Data

BIT Mining (BTCM) has a short interest of 127,700 shares, representing 1.19% of the float (the number of shares available for trading by the public). This marks a -18.97% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.5, indicating that it would take 0.5 days of the average trading volume of 79,708 shares to cover all short positions.

Current Short Interest
127,700 shares
Previous Short Interest
157,600 shares
Change Vs. Previous Month
-18.97%
Dollar Volume Sold Short
$321,804.00
Short Interest Ratio
0.5 Days to Cover
Last Record Date
December 31, 2024
Outstanding Shares
15,073,000 shares
Float Size
10,770,000 shares
Short Percent of Float
1.19%
Today's Trading Volume
55,866 shares
Average Trading Volume
79,708 shares
Today's Volume Vs. Average
70%
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BTCM Short Interest Over Time

BTCM Days to Cover Over Time

BTCM Percentage of Float Shorted Over Time

BIT Mining Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
12/31/2024127,700 shares $321,804.00 -19.0%1.2%0.5 $2.52
12/15/2024157,600 shares $526,384.00 +25.5%1.5%0.7 $3.34
11/30/2024125,600 shares $391,872.00 -63.7%1.2%0.6 $3.12
11/15/2024346,200 shares $1.02 million +147.6%3.2%2 $2.95
10/31/2024139,800 shares $359,286.00 -9.7%1.3%2.3 $2.57
10/15/2024154,800 shares $371,520.00 -5.3%1.4%3 $2.40
9/30/2024163,400 shares $383,990.00 +26.4%1.5%2.9 $2.35
9/15/2024129,300 shares $298,683.00 -28.6%1.2%2 $2.31
8/31/2024181,000 shares $416,300.00 -4.7%1.7%2.5 $2.30
8/15/2024189,900 shares $408,285.00 -12.2%1.8%2.5 $2.15
7/31/2024216,200 shares $601,036.00 +21.9%2.0%2.7 $2.78
7/15/2024177,400 shares $588,968.00 -14.8%1.7%1.7 $3.32
6/30/2024208,300 shares $549,912.00 -12.2%1.9%2.1 $2.64
6/15/2024237,100 shares $621,202.00 -12.1%2.2%2.3 $2.62
5/31/2024269,700 shares $701,220.00 -12.1%2.5%2.5 $2.60
5/15/2024306,700 shares $815,822.00 -21.1%2.9%2.2 $2.66
4/30/2024388,700 shares $1.02 million +5.3%3.6%2.6 $2.63
4/15/2024369,300 shares $749,679.00 -7.0%3.4%2.5 $2.03
3/31/2024396,900 shares $1.16 million -16.3%3.8%2.7 $2.93
3/15/2024474,200 shares $1.39 million +1.9%4.5%2.2 $2.94
2/29/2024465,300 shares $1.70 million +10.9%4.4%1.9 $3.65
2/15/2024419,500 shares $1.80 million -2.6%4.0%1.8 $4.30
1/31/2024430,800 shares $1.68 million -2.8%4.0%2 $3.91
1/15/2024443,300 shares $1.84 million -8.2%4.1%2.1 $4.15
12/31/2023483,000 shares $2.43 million +77.4%4.5%2.5 $5.04
12/15/2023272,300 shares $1.10 million -22.7%2.5%1.8 $4.03
11/30/2023352,200 shares $1.05 million -23.9%3.3%5 $2.98
11/15/2023462,800 shares $1.39 million +1.5%4.3%7.5 $3.00
10/31/2023456,000 shares $1.29 million +3.1%4.2%6.9 $2.82
10/15/2023442,200 shares $1.32 million -7.8%4.1%4.9 $2.98
9/30/2023479,500 shares $1.32 million -16.4%4.5%3.6 $2.75
9/15/2023573,700 shares $1.50 million +19.5%5.3%3.6 $2.62
8/31/2023480,000 shares $1.36 million +37.0%4.5%2.8 $2.83
8/15/2023350,300 shares $1.02 million -6.0%3.3%2.1 $2.91
7/31/2023372,500 shares $1.36 million +2.3%3.5%2.3 $3.65
7/15/2023364,000 shares $1.54 million -24.1%3.4%2.4 $4.22
6/30/2023479,400 shares $1.29 million +11.6%4.5%3.2 $2.70
6/15/2023429,700 shares $1.05 million +20.3%4.2%3.6 $2.44
5/31/2023357,300 shares $1.04 million -31.7%3.5%2.7 $2.91
5/15/2023523,000 shares $1.53 million -21.7%5.1%3.8 $2.92
4/30/2023668,200 shares $1.82 million +18.9%6.5%4.3 $2.73
4/15/2023562,200 shares $1.73 million -22.3%5.5%2.7 $3.08
3/31/2023723,700 shares $1.78 million +9.7%7.0%1 $2.46
3/15/2023659,500 shares $1.49 million -7.1%6.4%1 $2.26
2/28/2023709,500 shares $1.96 million +19.5%6.9%1.1 $2.76
2/15/2023593,600 shares $2.02 million +32.5%5.8%0.9 $3.41
1/31/2023448,100 shares $1.54 million +491.9%4.4%0.7 $3.43
1/15/202375,700 shares $232,399.00 +2.7%0.7%0.1 $3.07
12/30/202273,700 shares $116,446.00 -2.9%0.7%1 $1.58
12/15/202275,900 shares $151,800.00 -89.0%N/A1 $2.00
11/30/2022691,900 shares $148,274.17 -24.3%0.7%0.9 $0.21
11/15/2022913,900 shares $224,545.23 -12.1%0.9%1.1 $0.25
10/31/20221,040,000 shares $228,800.00 -4.6%1.0%0.8 $0.22
10/15/20221,090,000 shares $272,609.00 -7.6%1.1%0.9 $0.25
9/30/20221,180,000 shares $330,518.00 -10.6%1.2%0.9 $0.28
9/15/20221,320,000 shares $488,136.00 -9.0%1.3%0.9 $0.37
8/31/20221,450,000 shares $580,145.00 +8.2%1.7%0.9 $0.40
8/15/20221,340,000 shares $1.05 million -6.9%1.7%0.8 $0.78
7/31/20221,440,000 shares $972,000.00 -16.8%2.1%1.3 $0.68
7/15/20221,730,000 shares $1.11 million -2.8%2.6%1.6 $0.64
6/30/20221,780,000 shares $1.10 million -23.3%2.6%1.9 $0.62
6/15/20222,320,000 shares $2.76 million -0.4%3.4%2.8 $1.19
5/31/20222,330,000 shares $4.96 million +46.5%3.5%4.1 $2.13
5/15/20221,590,000 shares $2.21 million -1.9%2.4%3.5 $1.39
4/30/20221,620,000 shares $2.71 million +4.5%2.4%3.7 $1.67
4/15/20221,550,000 shares $3.80 million +17.4%2.3%3.4 $2.45
3/31/20221,320,000 shares $3.68 million -14.3%2.0%2.4 $2.79
3/15/20221,540,000 shares $4.07 million -7.2%2.3%2.9 $2.64
2/28/20221,660,000 shares $4.80 million -6.2%2.5%3 $2.89
2/15/20221,770,000 shares $5.58 million -18.8%2.6%3.2 $3.15
1/31/20222,180,000 shares $6.93 million -28.3%3.3%3.7 $3.18
1/15/20223,040,000 shares $14.93 million -0.7%4.5%4.8 $4.91
12/31/20213,060,000 shares $18.79 million -1.0%4.6%4 $6.14
12/15/20213,090,000 shares $19.99 million -4.0%4.6%3.1 $6.47
11/30/20213,220,000 shares $23.76 million -8.5%4.8%2.4 $7.38
11/15/20213,520,000 shares $27.32 million -11.8%5.2%1.3 $7.76
10/29/20213,990,000 shares $33.48 million -19.7%5.8%1.3 $8.39
10/15/20214,970,000 shares $48.31 million -9.8%7.2%1.4 $9.72
9/30/20215,510,000 shares $45.02 million -14.7%8.0%1.6 $8.17
9/15/20216,460,000 shares $72.42 million +29.7%9.4%2 $11.21
8/31/20214,980,000 shares $47.06 million +8.7%7.5%1.7 $9.45
8/13/20214,580,000 shares $34.03 million No Change6.9%2.6 $7.43

BTCM Short Interest - Frequently Asked Questions

What is BIT Mining's current short interest?

Short interest is the volume of BIT Mining shares that have been sold short but have not yet been closed out or covered. As of December 31st, traders have sold 127,700 shares of BTCM short. 1.19% of BIT Mining's shares are currently sold short. Learn More on BIT Mining's current short interest.

What is a good short interest percentage for BIT Mining?

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. 1.19% of BIT Mining's floating shares are currently sold short.

Is BIT Mining's short interest increasing or decreasing?

BIT Mining saw a decline in short interest in December. As of December 31st, there was short interest totaling 127,700 shares, a decline of 19.0% from the previous total of 157,600 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.

What is BIT Mining's float size?

BIT Mining currently has issued a total of 15,073,000 shares. Some of BIT Mining'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. BIT Mining currently has a public float of 10,770,000 shares.

How does BIT Mining's short interest compare to its competitors?

1.19% of BIT Mining's shares are currently sold short. Here is how the short interest of companies in the industry of "business services" compare to BIT Mining: PSQ Holdings, Inc. (7.89%), American Well Co. (3.12%), Research Solutions, Inc. (0.25%), Phunware, Inc. (10.18%), Quest Resource Holding Co. (1.49%), Vacasa, Inc. (7.80%), Veritone, Inc. (13.64%), DLH Holdings Corp. (1.84%), Inotiv, Inc. (4.36%), So-Young International Inc. (0.07%),

Which stocks are the most shorted right now?

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.

What does it mean to sell short BIT Mining stock?

Short selling BTCM is an investing strategy that aims to generate trading profit from BIT Mining as its price is falling. BTCM shares are trading up $0.08 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.

How does a short squeeze work against BIT Mining?

A short squeeze for BIT Mining 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 BTCM, which in turn drives the price of the stock up even further.

How often is BIT Mining's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BTCM, twice per month. The most recent reporting period available is December, 31 2024.




This page (NYSE:BTCM) was last updated on 1/14/2025 by MarketBeat.com Staff
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