BrainsWay (BWAY) Short Interest Ratio & Short Volume

Short interest is the volume of BrainsWay shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 48,600 shares of BWAY short. Learn More on BrainsWay'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. BWAY shares currently have a short interest ratio of 1.0. Learn More on BrainsWay's short interest ratio.

BrainsWay saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 48,600 shares, a decrease of 24.5% from the previous total of 64,400 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.

Here is how the short interest of companies in the industry of "surgical & medical instruments" compare to BrainsWay: Beyond Air, Inc. (10.49%), Nevro Corp. (10.02%), Cerus Co. (3.25%), Treace Medical Concepts, Inc. (10.35%), Pulmonx Co. (4.45%), The Beauty Health Company (12.96%), Tactile Systems Technology, Inc. (5.77%), Sight Sciences, Inc. (4.54%), Inovio Pharmaceuticals, Inc. (8.33%), AngioDynamics, Inc. (4.47%),

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 BWAY is an investing strategy that aims to generate trading profit from BrainsWay as its price is falling. BWAY shares are trading down $0.27 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 BrainsWay 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 BWAY, 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 BWAY, twice per month. The most recent reporting period available is May, 15 2024.