Satixfy Communications (SATX) Short Interest Ratio & Short Volume

Short interest is the volume of Satixfy Communications shares that have been sold short but have not yet been covered or closed out. As of November 30th, traders have sold 109,400 shares of SATX short. 0.34% of Satixfy Communications' shares are currently sold short. Learn More on Satixfy Communications' 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. SATX shares currently have a short interest ratio of 1.0. Learn More on Satixfy Communications'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. 0.34% of Satixfy Communications' floating shares are currently sold short.

Satixfy Communications saw a decline in short interest in November. As of November 30th, there was short interest totaling 109,400 shares, a decline of 5.9% from the previous total of 116,300 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.

Satixfy Communications currently has issued a total of 83,110,000 shares. Some of Satixfy Communications' 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. Satixfy Communications currently has a public float of 31,740,000 shares.

0.34% of Satixfy Communications' shares are currently sold short. Here is how the short interest of companies in the industry of "radio & t.v. communications equipment" compare to Satixfy Communications: Gilat Satellite Networks Ltd. (0.26%), Vuzix Co. (18.30%), Aviat Networks, Inc. (4.07%), BK Technologies Co. (0.23%), Ondas Holdings Inc. (2.45%), KVH Industries, Inc. (0.54%), Unusual Machines, Inc. (15.28%), Comtech Telecommunications Corp. (3.88%), Airgain, Inc. (1.40%), ParkerVision, Inc. (0.06%),

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 SATX is an investing strategy that aims to generate trading profit from Satixfy Communications as its price is falling. SATX shares are trading down $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 Satixfy Communications 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 SATX, 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 SATX, twice per month. The most recent reporting period available is November, 30 2024.