Iridium World Communications (IRIDQ) Short Interest Ratio & Short Volume

Short interest is the volume of Iridium World Communications shares that have been sold short but have not yet been closed out or covered. As of October 15th, traders have sold 148,400 shares of IRIDQ short. Learn More on Iridium World Communications' current short interest.

Here is how the short interest of companies in the industry of "communication" compare to Iridium World Communications: Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (0.20%), SK Telecom Co., Ltd. (0.16%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling IRIDQ is an investing strategy that aims to generate trading profit from Iridium World Communications 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 Iridium World 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 IRIDQ, 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 IRIDQ, twice per month. The most recent reporting period available is October, 15 2024.