Lumentum (LITE) Short Interest Ratio & Short Volume → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free LITE Stock Alerts $42.59 +1.19 (+2.87%) (As of 05/8/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Lumentum Short Interest DataCurrent Short Volume9,540,000 sharesPrevious Short Volume10,450,000 sharesChange Vs. Previous Month-8.71%Dollar Volume Sold Short$398.87 millionShort Interest Ratio / Days to Cover6.2Last Record DateApril 15, 2024Outstanding Shares67,400,000 sharesFloat Size64,770,000 sharesShort Percent of Float14.73%Today's Trading Volume2,975,212 sharesAverage Trading Volume1,460,886 sharesToday's Volume Vs. Average204% Short Selling Lumentum ? Sign up to receive the latest short interest report for Lumentum and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatLITE Short Interest Over TimeLITE Days to Cover Over TimeLITE Percentage of Float Shorted Over Time Ad Priority GoldRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.Click here for your free guide Lumentum Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/15/20249,540,000 shares $398.87 million -8.7%14.7%6.2 $41.81 3/31/202410,450,000 shares $494.81 million +3.9%16.1%6.9 $47.35 3/15/202410,060,000 shares $458.23 million -4.3%15.5%6.7 $45.55 2/29/202410,510,000 shares $509.42 million +4.0%16.2%7 $48.47 2/15/202410,110,000 shares $497.31 million +2.0%15.6%7.2 $49.19 1/31/20249,910,000 shares $544.46 million +8.9%15.4%7 $54.94 Get the Latest News and Ratings for LITE and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Lumentum and its competitors with MarketBeat's FREE daily newsletter. 1/15/20249,100,000 shares $461.37 million +1.3%13.8%7.8 $50.70 12/31/20238,980,000 shares $470.73 million -0.9%13.6%7.5 $52.42 12/15/20239,060,000 shares $448.65 million +7.7%13.7%7.1 $49.52 11/30/20238,410,000 shares $359.95 million -2.3%12.7%6.5 $42.80 11/15/20238,610,000 shares $388.66 million -3.8%13.0%6.6 $45.14 10/31/20238,950,000 shares $350.93 million +2.1%13.5%5.8 $39.21 10/15/20238,770,000 shares $363.25 million -0.6%13.5%6.1 $41.42 9/30/20238,820,000 shares $398.49 million -4.6%13.6%5.9 $45.18 9/15/20239,240,000 shares $445.83 million -4.3%14.3%6 $48.25 8/31/20239,650,000 shares $522.35 million +7.3%15.0%5.1 $54.13 8/15/20238,990,000 shares $461.55 million -4.4%13.5%4.5 $51.34 7/31/20239,400,000 shares $492.18 million -8.7%14.1%5.1 $52.36 7/15/202310,290,000 shares $534.26 million -1.9%15.5%5.8 $51.92 6/30/202310,490,000 shares $595.10 million +37.8%15.8%6.3 $56.73 6/15/20237,610,000 shares $429.20 million +13.1%11.4%4.7 $56.40 5/31/20236,730,000 shares $356.02 million -0.6%10.1%5.7 $52.90 5/15/20236,770,000 shares $305.46 million +15.9%10.2%5.9 $45.12 4/30/20235,840,000 shares $281.78 million +0.7%8.8%5.4 $48.25 4/15/20235,800,000 shares $262.39 million -5.1%8.7%5.6 $45.24 3/31/20236,110,000 shares $330.00 million -4.7%9.2%6.1 $54.01 3/15/20236,410,000 shares $321.01 million -6.4%9.7%6.7 $50.08 2/28/20236,850,000 shares $368.60 million +4.0%10.3%7 $53.81 2/15/20236,590,000 shares $394.94 million -0.8%9.9%7 $59.93 1/31/20236,640,000 shares $399.60 million +4.9%10.1%6.1 $60.18 1/15/20236,330,000 shares $364.48 million +0.6%9.6%6 $57.58 12/30/20226,290,000 shares $328.15 million -0.2%9.5%5.9 $52.17 12/15/20226,300,000 shares $331.76 million +1.8%9.5%5.8 $52.66 11/30/20226,190,000 shares $340.08 million -0.2%9.4%6 $54.94 11/15/20226,200,000 shares $357.80 million -15.7%9.4%6.3 $57.71 10/31/20227,350,000 shares $547.21 million -3.2%11.1%7.8 $74.45 10/15/20227,590,000 shares $498.66 million -3.2%11.5%9.7 $65.70 9/30/20227,840,000 shares $537.59 million +3.0%11.9%10.6 $68.57 9/15/20227,610,000 shares $577.75 million -2.8%11.5%10.1 $75.92 8/31/20227,830,000 shares $654.20 million +3.7%11.9%10.3 $83.55The 2024 Gold Rush: Unleashing Market Potential (Ad)Welcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.Get your free information kit NOW, before it's too late. LITE Short Interest - Frequently Asked Questions What is Lumentum's current short interest? Short interest is the volume of Lumentum shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 9,540,000 shares of LITE short. 14.73% of Lumentum's shares are currently sold short. Learn More on Lumentum's current short interest. What is a good short interest ratio for Lumentum? 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. LITE shares currently have a short interest ratio of 6.0. Learn More on Lumentum's short interest ratio. Which institutional investors are shorting Lumentum? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Lumentum: BNP Paribas Financial Markets, Concourse Financial Group Securities Inc., and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Lumentum? 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. 14.73% of Lumentum's floating shares are currently sold short. Is Lumentum's short interest increasing or decreasing? Lumentum saw a decrease in short interest in April. As of April 15th, there was short interest totaling 9,540,000 shares, a decrease of 8.7% from the previous total of 10,450,000 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. What is Lumentum's float size? Lumentum currently has issued a total of 67,400,000 shares. Some of Lumentum's 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. Lumentum currently has a public float of 64,770,000 shares. How does Lumentum's short interest compare to its competitors? 14.73% of Lumentum's shares are currently sold short. Here is how the short interest of companies compare to Lumentum: Iridium Communications Inc. (3.60%), Yelp Inc. (5.12%), RingCentral, Inc. (5.64%), Rapid7, Inc. (6.17%), Alkami Technology, Inc. (2.02%), Silicon Motion Technology Co. (2.52%), Kulicke and Soffa Industries, Inc. (7.86%), InterDigital, Inc. (14.80%), Rumble Inc. (19.06%), Plexus Corp. (2.35%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks. What does it mean to sell short Lumentum stock? Short selling LITE is an investing strategy that aims to generate trading profit from Lumentum as its price is falling. LITE shares are trading up $1.19 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. How does a short squeeze work against Lumentum? A short squeeze for Lumentum 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 LITE, which in turn drives the price of the stock up even further. How often is Lumentum's short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including LITE, twice per month. The most recent reporting period available is April, 15 2024. More Short Interest Resources from MarketBeat Related Companies: IRDM Short Interest Data YELP Short Interest Data RNG Short Interest Data RPD Short Interest Data ALKT Short Interest Data SIMO Short Interest Data KLIC Short Interest Data IDCC Short Interest Data RUM Short Interest Data PLXS Short Interest Data Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:LITE) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThis 1 Biotech Stock has been shocking the marketsHuge AlertsDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent Nvidia WarningAltimetry348 million Americans lives to END as we know it?The Oxford ClubThe A.I. story nobody is telling you (Read ASAP)TradeSmithDems have chosen Biden replacement?Paradigm PressGlobal crypto currency reset (41 major banks signed up)Stansberry Research