Iridium Communications (IRDM) Short Interest Ratio & Short Volume → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free IRDM Stock Alerts $30.44 +0.16 (+0.53%) (As of 05/15/2024 ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Iridium Communications Short Interest DataCurrent Short Volume4,930,000 sharesPrevious Short Volume3,900,000 sharesChange Vs. Previous Month+26.41%Dollar Volume Sold Short$151.79 millionShort Interest Ratio / Days to Cover3.7Last Record DateApril 30, 2024Outstanding Shares121,430,000 sharesFloat Size108,280,000 sharesShort Percent of Float4.55%Today's Trading Volume634,458 sharesAverage Trading Volume1,129,492 sharesToday's Volume Vs. Average56% Short Selling Iridium Communications ? Sign up to receive the latest short interest report for Iridium Communications and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatIRDM Short Interest Over TimeIRDM Days to Cover Over TimeIRDM Percentage of Float Shorted Over Time Ad Manward PressThe most important AI company you've never heard ofBecause this small company solves the BIGGEST problem with Nvidia's AI chips. Already, Amazon, Microsoft, Google and others are lining up to get this company's products.Get the full story on this secret AI company poised for massive growth Iridium Communications Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/20244,930,000 shares $151.79 million +26.4%4.6%3.7 $30.79 4/15/20243,900,000 shares $96.14 million +8.6%3.6%3.1 $24.65 3/31/20243,590,000 shares $93.91 million +5.6%3.3%3.2 $26.16 3/15/20243,400,000 shares $91.80 million +27.3%3.1%3.3 $27.00 2/29/20242,670,000 shares $77.30 million +0.8%2.4%2.8 $28.95 2/15/20242,650,000 shares $80.75 million -1.5%2.4%3.1 $30.47 Get the Latest News and Ratings for IRDM and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Iridium Communications and its competitors with MarketBeat's FREE daily newsletter. 1/31/20242,690,000 shares $97.54 million +0.8%2.4%3.7 $36.26 1/15/20242,670,000 shares $102.37 million +17.6%2.4%3.8 $38.34 12/31/20232,270,000 shares $93.43 million -11.0%2.1%3.1 $41.16 12/15/20232,550,000 shares $102.03 million -1.2%2.3%3.4 $40.01 11/30/20232,580,000 shares $98.30 million No Change2.3%3.3 $38.10 11/15/20232,580,000 shares $96.65 million -0.8%2.3%3.6 $37.46 10/31/20232,600,000 shares $96.33 million +11.6%2.4%3.7 $37.05 10/15/20232,330,000 shares $98.98 million +4.0%2.1%2.7 $42.48 9/30/20232,240,000 shares $101.90 million -11.5%2.0%2.8 $45.49 9/15/20232,530,000 shares $120.30 million No Change2.3%3.2 $47.55 8/31/20232,530,000 shares $123.84 million -7.0%2.3%2.5 $48.95 8/15/20232,720,000 shares $136.76 million -5.9%2.4%2.7 $50.28 7/31/20232,890,000 shares $151.87 million +18.0%2.6%2.9 $52.55 7/15/20232,450,000 shares $147.78 million -2.0%2.2%2.6 $60.32 6/30/20232,500,000 shares $155.30 million -44.0%2.2%2.8 $62.12 6/15/20234,460,000 shares $272.24 million +8.8%4.0%5.1 $61.04 5/31/20234,100,000 shares $246.16 million +0.7%3.6%6 $60.04 5/15/20234,070,000 shares $251.28 million No Change3.6%5.9 $61.74 10/31/20225,960,000 shares $307.12 million -4.3%5.3%10 $51.53 10/15/20226,230,000 shares $290.57 million +4.0%5.6%10.7 $46.64 9/30/20225,990,000 shares $265.78 million -7.9%5.3%11 $44.37 9/15/20226,500,000 shares $289.90 million +6.6%5.7%12.1 $44.60 8/31/20226,100,000 shares $270.78 million -6.9%5.4%11.4 $44.39 8/15/20226,550,000 shares $305.69 million -1.4%5.8%14 $46.67 7/31/20226,640,000 shares $296.87 million +7.3%5.9%13.6 $44.71 7/15/20226,190,000 shares $243.14 million -1.8%5.4%12.6 $39.28 6/30/20226,300,000 shares $236.63 million -5.4%5.5%12.2 $37.56 6/15/20226,660,000 shares $241.76 million -0.3%5.8%12.6 $36.30 5/31/20226,680,000 shares $247.89 million +2.8%5.8%12.6 $37.11 5/15/20226,500,000 shares $224.84 million +0.3%5.7%10 $34.59 4/30/20226,480,000 shares $231.40 million +5.0%5.7%7.5 $35.71 4/15/20226,170,000 shares $249.95 million -3.9%5.4%5.8 $40.51 3/31/20226,420,000 shares $258.85 million +0.2%N/A0 $40.32 3/15/20226,410,000 shares $243.13 million +2.6%5.6%5.7 $37.93Look Who Fired the World’s Richest Man (Ad)This company is tiny… but already has contracts with 30 federal agencies and services some of the biggest companies in the U.S. And demand for the technology is unprecedented … “unlike anything we have seen in the past,” says a spokesman.Get the full story here. IRDM Short Interest - Frequently Asked Questions What is Iridium Communications' current short interest? Short interest is the volume of Iridium Communications shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 4,930,000 shares of IRDM short. 4.55% of Iridium Communications' shares are currently sold short. Learn More on Iridium Communications' current short interest. What is a good short interest ratio for Iridium Communications? 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. IRDM shares currently have a short interest ratio of 4.0. Learn More on Iridium Communications's short interest ratio. Which institutional investors are shorting Iridium Communications? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Iridium Communications: PEAK6 Investments LLC, 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 Iridium Communications? 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. 4.55% of Iridium Communications' floating shares are currently sold short. Is Iridium Communications' short interest increasing or decreasing? Iridium Communications saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 4,930,000 shares, an increase of 26.4% from the previous total of 3,900,000 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 Iridium Communications' float size? Iridium Communications currently has issued a total of 121,430,000 shares. Some of Iridium Communications' 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. Iridium Communications currently has a public float of 108,280,000 shares. How does Iridium Communications' short interest compare to its competitors? 4.55% of Iridium Communications' shares are currently sold short. Here is how the short interest of companies compare to Iridium Communications: Lumentum Holdings Inc. (14.99%), Autohome Inc. (1.14%), Q2 Holdings, Inc. (5.39%), Axcelis Technologies, Inc. (6.34%), Sanmina Co. (2.34%), DXC Technology (8.89%), BlackLine, Inc. (6.47%), nCino, Inc. (4.89%), United States Cellular Co. (7.90%), Synaptics Incorporated (5.87%), 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 Iridium Communications stock? Short selling IRDM is an investing strategy that aims to generate trading profit from Iridium Communications as its price is falling. IRDM shares are trading up $0.16 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 Iridium Communications? A short squeeze for Iridium 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 IRDM, which in turn drives the price of the stock up even further. How often is Iridium Communications' 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 IRDM, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: Lumentum Short Interest Autohome Short Interest Q2 Short Interest Axcelis Technologies Short Interest Sanmina Short Interest DXC Technology Short Interest BlackLine Short Interest nCino Short Interest United States Cellular Short Interest Synaptics Short Interest Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:IRDM) was last updated on 5/16/2024 by MarketBeat.com Staff From Our PartnersBiden to Drop BOMBSHELL June 13th?Paradigm PressAmazon's betting big on this unknown AI companyManward PressWall Street legend who predicted 2021 tech crash issues new warningChaikin AnalyticsThe #1 Biotech Stock to Watch in 2024 is Attacking Viruses in a Unique WaySmallcaps DailyHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportTop 5 AI Stocks to Buy for 2024Market Moving TrendsTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop 5 Tech Stocks to Buy for 2024Daily Market Alerts