BIT Mining (BTCM) Short Interest Ratio & Short Volume → Gold Mania (From Stansberry Research) (Ad) Free BTCM Stock Alerts $2.52 0.00 (0.00%) (As of 05/10/2024 ET) Add Compare Share Share Short InterestStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media BIT Mining Short Interest DataCurrent Short Volume388,700 sharesPrevious Short Volume369,300 sharesChange Vs. Previous Month+5.25%Dollar Volume Sold Short$1.02 millionShort Interest Ratio / Days to Cover2.6Last Record DateApril 30, 2024Outstanding Shares11,113,000 sharesFloat Size10,760,000 sharesShort Percent of Float3.61%Today's Trading Volume78,051 sharesAverage Trading Volume152,567 sharesToday's Volume Vs. Average51% Short Selling BIT Mining ? 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Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatBTCM Short Interest Over TimeBTCM Days to Cover Over TimeBTCM Percentage of Float Shorted Over Time Ad Banyan Hill PublishingThe Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him BIT Mining Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/2024388,700 shares $1.02 million +5.3%3.6%2.6 $2.63 4/15/2024369,300 shares $749,679.00 -7.0%3.4%2.5 $2.03 3/31/2024396,900 shares $1.16 million -16.3%3.8%2.7 $2.93 3/15/2024474,200 shares $1.39 million +1.9%4.5%2.2 $2.94 2/29/2024465,300 shares $1.70 million +10.9%4.4%1.9 $3.65 2/15/2024419,500 shares $1.80 million -2.6%4.0%1.8 $4.30 Get the Latest News and Ratings for BTCM and Related StocksEnter your email address below to receive the latest news and analysts' ratings for BIT Mining and its competitors with MarketBeat's FREE daily newsletter. 1/31/2024430,800 shares $1.68 million -2.8%4.0%2 $3.91 1/15/2024443,300 shares $1.84 million -8.2%4.1%2.1 $4.15 12/31/2023483,000 shares $2.43 million +77.4%4.5%2.5 $5.04 12/15/2023272,300 shares $1.10 million -22.7%2.5%1.8 $4.03 11/30/2023352,200 shares $1.05 million -23.9%3.3%5 $2.98 11/15/2023462,800 shares $1.39 million +1.5%4.3%7.5 $3.00 10/31/2023456,000 shares $1.29 million +3.1%4.2%6.9 $2.82 10/15/2023442,200 shares $1.32 million -7.8%4.1%4.9 $2.98 9/30/2023479,500 shares $1.32 million -16.4%4.5%3.6 $2.75 9/15/2023573,700 shares $1.50 million +19.5%5.3%3.6 $2.62 8/31/2023480,000 shares $1.36 million +37.0%4.5%2.8 $2.83 8/15/2023350,300 shares $1.02 million -6.0%3.3%2.1 $2.91 7/31/2023372,500 shares $1.36 million +2.3%3.5%2.3 $3.65 7/15/2023364,000 shares $1.54 million -24.1%3.4%2.4 $4.22 6/30/2023479,400 shares $1.29 million +11.6%4.5%3.2 $2.70 6/15/2023429,700 shares $1.05 million +20.3%4.2%3.6 $2.44 5/31/2023357,300 shares $1.04 million -31.7%3.5%2.7 $2.91 5/15/2023523,000 shares $1.53 million -21.7%5.1%3.8 $2.92 4/30/2023668,200 shares $1.82 million +18.9%6.5%4.3 $2.73 4/15/2023562,200 shares $1.73 million -22.3%5.5%2.7 $3.08 3/31/2023723,700 shares $1.78 million +9.7%7.0%1 $2.46 3/15/2023659,500 shares $1.49 million -7.1%6.4%1 $2.26 2/28/2023709,500 shares $1.96 million +19.5%6.9%1.1 $2.76 2/15/2023593,600 shares $2.02 million +32.5%5.8%0.9 $3.41 1/31/2023448,100 shares $1.54 million +491.9%4.4%0.7 $3.43 1/15/202375,700 shares $232,399.00 +2.7%0.7%0.1 $3.07 12/30/202273,700 shares $116,446.00 -2.9%0.7%1 $1.58 12/15/202275,900 shares $151,800.00 -89.0%N/A1 $2.00 11/30/2022691,900 shares $148,274.17 -24.3%0.7%0.9 $0.21 11/15/2022913,900 shares $224,545.23 -12.1%0.9%1.1 $0.25 10/31/20221,040,000 shares $228,800.00 -4.6%1.0%0.8 $0.22 10/15/20221,090,000 shares $272,609.00 -7.6%1.1%0.9 $0.25 9/30/20221,180,000 shares $330,518.00 -10.6%1.2%0.9 $0.28 9/15/20221,320,000 shares $488,136.00 -9.0%1.3%0.9 $0.37The Best AI Stock to Own in the World Today is Trading for Just $25 (Ad)“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him BTCM Short Interest - Frequently Asked Questions What is BIT Mining's current short interest? Short interest is the volume of BIT Mining shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 388,700 shares of BTCM short. 3.61% of BIT Mining's shares are currently sold short. Learn More on BIT Mining's current short interest. What is a good short interest ratio for BIT Mining? 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. BTCM shares currently have a short interest ratio of 3.0. Learn More on BIT Mining's short interest ratio. Which institutional investors are shorting BIT Mining? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of BIT Mining: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for BIT Mining? 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. 3.61% of BIT Mining's floating shares are currently sold short. Is BIT Mining's short interest increasing or decreasing? BIT Mining saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 388,700 shares, an increase of 5.3% from the previous total of 369,300 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. What is BIT Mining's float size? BIT Mining currently has issued a total of 11,113,000 shares. Some of BIT Mining'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. BIT Mining currently has a public float of 10,760,000 shares. How does BIT Mining's short interest compare to its competitors? 3.61% of BIT Mining's shares are currently sold short. Here is how the short interest of companies in the sector of "business services" compare to BIT Mining: Urgent.ly Inc. (0.91%), Marin Software Incorporated (2.64%), SilverSun Technologies, Inc. (11.13%), Paltalk, Inc. (0.10%), Aeries Technology, Inc (0.70%), Abits Group Inc. (0.87%), Nisun International Enterprise Development Group Co., Ltd (0.94%), Global Mofy Metaverse Limited (1.18%), Fathom Holdings Inc. (1.72%), Vivakor, Inc. (1.28%), 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. ($3.98 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. What does it mean to sell short BIT Mining stock? Short selling BTCM is an investing strategy that aims to generate trading profit from BIT Mining 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. How does a short squeeze work against BIT Mining? A short squeeze for BIT Mining 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 BTCM, which in turn drives the price of the stock up even further. How often is BIT Mining'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 BTCM, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: ULY Short Squeeze MRIN Short Squeeze SSNT Short Squeeze PALT Short Squeeze AERT Short Squeeze ABTS Short Squeeze NISN Short Squeeze GMM Short Squeeze FTHM Short Squeeze VIVK Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:BTCM) was last updated on 5/12/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. 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