Audinate Group (AUDGF) Short Interest Ratio & Short Volume

Short interest is the volume of Audinate Group shares that have been sold short but have not yet been covered or closed out. As of October 31st, investors have sold 488,400 shares of AUDGF short. Learn More on Audinate Group's current short interest.

Audinate Group saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 488,400 shares, a drop of 0.1% from the previous total of 489,000 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.

Here is how the short interest of companies in the industry of "electronic components" compare to Audinate Group: The LGL Group, Inc. (0.28%), and Interlink Electronics, Inc. (3.12%).

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 AUDGF is an investing strategy that aims to generate trading profit from Audinate Group 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 Audinate Group 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 AUDGF, 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 AUDGF, twice per month. The most recent reporting period available is October, 31 2024.