Tufin Software Technologies (TUFN) Short Interest Ratio & Short Volume

Short interest is the volume of Tufin Software Technologies shares that have been sold short but have not yet been closed out or covered. As of August 15th, traders have sold 207,700 shares of TUFN short. 0.66% of Tufin Software Technologies' shares are currently sold short. Learn More on Tufin Software Technologies' 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. 0.66% of Tufin Software Technologies' floating shares are currently sold short.

Tufin Software Technologies saw a decline in short interest during the month of August. As of August 15th, there was short interest totaling 207,700 shares, a decline of 33.3% from the previous total of 311,400 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.

Tufin Software Technologies currently has issued a total of 36,770,000 shares. Some of Tufin Software Technologies' 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. Tufin Software Technologies currently has a public float of 31,610,000 shares.

0.66% of Tufin Software Technologies' shares are currently sold short. Here is how the short interest of companies compare to Tufin Software Technologies: Verint Systems Inc. (5.83%), NetScout Systems, Inc. (2.04%), Digimarc Co. (13.63%), Ribbon Communications Inc. (1.04%), OneSpan Inc. (5.45%), ECARX Holdings Inc. (0.09%), Simulations Plus, Inc. (6.05%), Unisys Co. (1.22%), SmartRent, Inc. (3.93%), Telos Co. (4.61%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($4.13 billion), Charter Communications, Inc. ($3.94 billion), Coinbase Global, Inc. ($2.38 billion), Lucid Group, Inc. ($2.30 billion), T. Rowe Price Group, Inc. ($2.22 billion), Williams-Sonoma, Inc. ($2.02 billion), Plug Power Inc. ($1.94 billion), Chesapeake Energy Co. ($1.91 billion), Unity Software Inc. ($1.82 billion), and Rivian Automotive, Inc. ($1.74 billion). View all of the most shorted stocks.

Short selling TUFN is an investing strategy that aims to generate trading profit from Tufin Software Technologies 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 Tufin Software Technologies 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 TUFN, 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 TUFN, twice per month. The most recent reporting period available is August, 15 2022.