Moving iMage Technologies (MITQ) Short Interest Ratio & Short Volume

Short interest is the volume of Moving iMage Technologies shares that have been sold short but have not yet been covered or closed out. As of November 30th, investors have sold 39,500 shares of MITQ short. 0.59% of Moving iMage Technologies' shares are currently sold short. Learn More on Moving iMage Technologies' 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. MITQ shares currently have a short interest ratio of 1.0. Learn More on Moving iMage Technologies'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. 0.59% of Moving iMage Technologies' floating shares are currently sold short.

Moving iMage Technologies saw a drop in short interest in November. As of November 30th, there was short interest totaling 39,500 shares, a drop of 6.2% from the previous total of 42,100 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.

Moving iMage Technologies currently has issued a total of 9,900,000 shares. Some of Moving iMage 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. Moving iMage Technologies currently has a public float of 6,680,000 shares.

0.59% of Moving iMage Technologies' shares are currently sold short. Here is how the short interest of companies in the industry of "consumer goods" compare to Moving iMage Technologies: Raytech Holding Ltd. (0.88%), CPS Technologies Co. (3.86%), Aterian, Inc. (4.21%), Fenbo Holdings Limited (5.20%), Lobo EV Technologies Ltd. (0.31%), Strong Global Entertainment, Inc. (1.20%), CCA Industries, Inc. (0.02%), Zapp Electric Vehicles Group Limited (2.24%), Charles & Colvard, Ltd. (2.14%), EZGO Technologies Ltd. (6.69%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

Short selling MITQ is an investing strategy that aims to generate trading profit from Moving iMage Technologies as its price is falling. MITQ shares are trading up $0.02 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 Moving iMage Technologies 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 MITQ, 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 MITQ, twice per month. The most recent reporting period available is November, 30 2024.