Tactile Systems Technology (TCMD) Short Interest Ratio & Short Volume → Must-See: Elon’s New Invention is Absolutely Insane (From InvestorPlace) (Ad) Free TCMD Stock Alerts $13.73 +0.07 (+0.51%) (As of 05/17/2024 08:54 PM ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Tactile Systems Technology Short Interest DataCurrent Short Volume1,340,000 sharesPrevious Short Volume1,130,000 sharesChange Vs. Previous Month+18.58%Dollar Volume Sold Short$18.45 millionShort Interest Ratio / Days to Cover4.6Last Record DateApril 30, 2024Outstanding Shares23,760,000 sharesPercentage of Shares Shorted5.64%Today's Trading Volume239,800 sharesAverage Trading Volume279,241 sharesToday's Volume Vs. Average86% Short Selling Tactile Systems Technology ? Sign up to receive the latest short interest report for Tactile Systems Technology and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort InterestDays to CoverShort Percent of FloatTCMD Short Interest Over TimeTCMD Days to Cover Over TimeTCMD Percentage of Float Shorted Over Time Ad InvestorPlaceMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.Click here for the full story… Tactile Systems Technology Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 4/30/20241,340,000 shares $18.45 million +18.6%N/A4.6 $13.77 4/15/20241,130,000 shares $15.93 million -4.2%N/A3.9 $14.10 3/31/20241,180,000 shares $19.18 million -19.7%N/A3.9 $16.25 3/15/20241,470,000 shares $24.62 million +3.5%N/A4.7 $16.75 2/29/20241,420,000 shares $21.66 million +53.9%N/A4.4 $15.25 2/15/2024922,700 shares $14.10 million +20.3%N/A2.6 $15.28 Get the Latest News and Ratings for TCMD and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Tactile Systems Technology and its competitors with MarketBeat's FREE daily newsletter. 1/31/2024767,200 shares $11.64 million +0.6%N/A2 $15.17 1/15/2024762,500 shares $10.90 million -7.2%N/A1.8 $14.29 12/31/2023821,800 shares $11.75 million +13.5%N/A1.9 $14.30 12/15/2023723,800 shares $10.23 million +34.6%N/A1.6 $14.13 11/30/2023537,700 shares $7.17 million -13.6%N/A1.1 $13.33 11/15/2023622,400 shares $7.05 million -5.3%N/A1.4 $11.33 10/31/2023657,100 shares $7.18 million -26.0%N/A1.6 $10.92 10/15/2023888,000 shares $9.90 million -2.2%N/A2.5 $11.15 9/30/2023907,800 shares $12.75 million +38.2%N/A2.5 $14.05 9/15/2023656,800 shares $10.78 million +25.2%N/A1.9 $16.42 8/31/2023524,500 shares $9.94 million +35.1%N/A1.6 $18.95 8/15/2023388,200 shares $7.27 million -28.7%N/A1.2 $18.73 7/31/2023544,400 shares $12.47 million -3.7%N/A1.6 $22.91 7/15/2023565,300 shares $14.06 million -6.6%N/A1.8 $24.88 6/30/2023605,200 shares $15.09 million -11.2%N/A2.1 $24.93 6/15/2023681,800 shares $16.34 million -1.3%N/A2.5 $23.96 5/31/2023690,700 shares $14.52 million -3.9%N/A2.6 $21.02 5/15/2023719,000 shares $14.51 million +81.2%N/A2.6 $20.18 4/30/2023396,800 shares $7.23 million -13.7%N/A1.6 $18.23 4/15/2023459,800 shares $8.28 million +5.4%N/A2.1 $18.01 3/31/2023436,300 shares $7.16 million +3.5%N/A2 $16.42 3/15/2023421,400 shares $6.81 million +23.0%N/A2 $16.15 2/28/2023342,700 shares $4.95 million +14.9%N/A1.8 $14.45 2/15/2023298,300 shares $4.07 million -4.2%N/A1.5 $13.64 1/31/2023311,400 shares $4.04 million -11.5%N/A1.6 $12.97 1/15/2023351,700 shares $4.66 million -23.7%N/A1.7 $13.24 12/30/2022460,800 shares $5.29 million -5.3%N/A2.1 $11.48 12/15/2022486,400 shares $5.41 million -16.7%N/A2 $11.12 11/30/2022583,800 shares $5.00 million -21.7%3.0%2.4 $8.56 11/15/2022745,900 shares $6.30 million -27.6%3.9%3.5 $8.45 10/31/20221,030,000 shares $7.66 million -15.6%5.3%4.8 $7.44 10/15/20221,220,000 shares $8.19 million +27.5%6.3%5.4 $6.71 9/30/2022957,200 shares $7.46 million -24.0%5.0%4 $7.79 9/15/20221,260,000 shares $10.53 million -23.2%6.6%5.3 $8.36Must-See: Elon’s New Invention is Absolutely Insane (Ad)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.Click here for the full story… TCMD Short Interest - Frequently Asked Questions What is Tactile Systems Technology's current short interest? Short interest is the volume of Tactile Systems Technology shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 1,340,000 shares of TCMD short. Learn More on Tactile Systems Technology's current short interest. What is a good short interest ratio for Tactile Systems Technology? 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. TCMD shares currently have a short interest ratio of 5.0. Learn More on Tactile Systems Technology's short interest ratio. Which institutional investors are shorting Tactile Systems Technology? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Tactile Systems Technology: PEAK6 Investments LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. Is Tactile Systems Technology's short interest increasing or decreasing? Tactile Systems Technology saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,340,000 shares, an increase of 18.6% from the previous total of 1,130,000 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. How does Tactile Systems Technology's short interest compare to its competitors? Here is how the short interest of companies in the industry of "surgical & medical instruments" compare to Tactile Systems Technology: Treace Medical Concepts, Inc. (6.73%), The Beauty Health Company (13.00%), Pulmonx Co. (4.01%), Nevro Corp. (11.18%), TriSalus Life Sciences, Inc. (7.13%), Sight Sciences, Inc. (5.18%), Cerus Co. (3.09%), Anika Therapeutics, Inc. (5.64%), Inovio Pharmaceuticals, Inc. (7.90%), AngioDynamics, Inc. (5.37%), 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 Tactile Systems Technology stock? Short selling TCMD is an investing strategy that aims to generate trading profit from Tactile Systems Technology as its price is falling. TCMD shares are trading up $0.07 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 Tactile Systems Technology? A short squeeze for Tactile Systems Technology 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 TCMD, which in turn drives the price of the stock up even further. How often is Tactile Systems Technology'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 TCMD, twice per month. The most recent reporting period available is April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: TMCI Short Squeeze SKIN Short Squeeze LUNG Short Squeeze NVRO Short Squeeze TLSI Short Squeeze SGHT Short Squeeze CERS Short Squeeze ANIK Short Squeeze INO Short Squeeze ANGO Short Squeeze Short Interest Tools: Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:TCMD) was last updated on 5/20/2024 by MarketBeat.com Staff From Our PartnersShocking: One AI startup's revenue could surge 4,735%Manward PressThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaNext President (Not Trump. Not Biden.)The Freeport SocietyUrgent Nvidia WarningAltimetryElon’s New Device is About to Shock the WorldInvestorPlace"The Biggest Drug Ever" Is ComingBehind the MarketsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders