American Software (AMSWA) Short Interest Ratio & Short Volume

Short interest is the volume of American Software shares that have been sold short but have not yet been closed out or covered. As of May 15th, investors have sold 354,300 shares of AMSWA short. 1.15% of American Software's shares are currently sold short. Learn More on American Software'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. AMSWA shares currently have a short interest ratio of 2.0. Learn More on American Software's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of American Software: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

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. 1.15% of American Software's floating shares are currently sold short.

American Software saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 354,300 shares, an increase of 21.2% from the previous total of 292,400 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.

American Software currently has issued a total of 33,220,000 shares. Some of American Software'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. American Software currently has a public float of 30,880,000 shares.

1.15% of American Software's shares are currently sold short. Here is how the short interest of companies compare to American Software: Magic Software Enterprises Ltd. (0.16%), Digimarc Co. (14.36%), Synchronoss Technologies, Inc. (2.06%), WiMi Hologram Cloud Inc. (1.87%), VirnetX Holding Co. (5.65%), iClick Interactive Asia Group Limited (0.06%), Grid Dynamics Holdings, Inc. (5.74%), Salesforce, Inc. (1.00%), Adobe Inc. (1.80%), Intuit Inc. (1.19%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling AMSWA is an investing strategy that aims to generate trading profit from American Software as its price is falling. AMSWA shares are trading up $0.03 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.

A short squeeze for American Software 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 AMSWA, 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 AMSWA, twice per month. The most recent reporting period available is May, 15 2024.