Great Ajax (AJX) Short Interest Ratio & Short Volume

Short interest is the volume of Great Ajax shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 196,300 shares of AJX short. Learn More on Great Ajax's 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. AJX shares currently have a short interest ratio of 1.0. Learn More on Great Ajax's short interest ratio.

Great Ajax saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 196,300 shares, a decline of 16.6% from the previous total of 235,300 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.

Here is how the short interest of companies in the sector of "finance" compare to Great Ajax: Lument Finance Trust, Inc. (0.09%), Ellington Residential Mortgage REIT (1.67%), Modiv Industrial, Inc. (0.26%), Cherry Hill Mortgage Investment Co. (0.94%), ACRES Commercial Realty Corp. (0.99%), Granite Point Mortgage Trust Inc. (0.93%), Braemar Hotels & Resorts (3.13%), Creative Media & Community Trust Co. (0.40%), Clipper Realty Inc. (0.62%), AG Mortgage Investment Trust, Inc. (0.28%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling AJX is an investing strategy that aims to generate trading profit from Great Ajax 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 Great Ajax 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 AJX, 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 AJX, twice per month. The most recent reporting period available is April, 30 2024.