Share Statistics
| Avg Vol (3 month) 3 | 7.57M |
|---|---|
| Float 8 | 112.19M |
| % Held by Insiders 1 | 6.61% |
| % Held by Institutions 1 | 38.96% |
| Shares Short (Feb 28, 2022) 4 | 37.64M |
Similarly, Is SDC a good short squeeze?
Summary. SmileDirectClub has exhausted its potential to become a new target for a short squeeze (based on sentiment analysis). From a financial point of view, nothing changes – SDC does not even give an indication that it might become profitable in the coming years.
Is SDC heavily shorted? A Closer Look at SDC Stock
Not long ago, he observed that SDC stock was the fifth-most-heavily shorted stock on the market. Its 32.74% short interest, without a doubt, made it a prime candidate for a Reddit-fueled short squeeze.
Thereof, What are the most shorted stocks?
Most Shorted Stocks Right Now
- Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
- Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
- SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
- Beyond Meat, Inc. (NASDAQ:BYND) …
- Lemonade, Inc. (NYSE:LMND)
What does it mean when a stock is squeezed?
The term squeeze can be used to describe several situations that involve some sort of market pressure. In finance, the term is used to describe situations wherein short-sellers purchase stock to cover losses or when investors sell long positions to take capital gains off the table.
Is SDC undervalued?
Skeptical, but still undervalued. Consensus rating on SmileDirectClub stock is currently neutral. Among eleven Wall Street reports released in the last three months, only one is an overweight recommendation amid seven equal weights and three underperforms.
Is SDC profitable?
Unlike many other fairly low-tech companies that are facing tough competition, SmileDirectClub is not profitable. SDC stock doesn’t pay a dividend, and the company’s balance sheet is unimpressive.
Is SDC a meme stock?
Tele-dentistry vendor SmileDirectClub has been one of the most popular “meme stocks” on the main Reddit forums. In the past few months, shares fell victim to high volatility due to the clash between bulls, encouraged by main mania, and bears who pushed short interest higher.
Is Smile Direct club being shorted?
Smile Direct Club ( SDC -7.85% ) has a very high short interest — 37% of its public float is sold short. And a lot of bears are shorting Accelerate Diagnostics ( AXDX -5.41% ) as well — 21% of its float is being shorted.
What is SDC short interest?
$SDC short interest is $229M 37.51M shares shorted 35.96 % SI% of Float 26.45 % S3 SI% Float 8.07 % fee Shares shorted up +2M shs, worth $14M, 6.35 %, over the last week. Shorts up +$171M in 2021 mark-to-market profits; including +$11M on today’s -4.99 % move. 4:09 PM · Sep 24, 2021·Twitter Web App. 22. MagicMan.
Is SNDL a shorted stock?
Short Shares Availability
This table shows the number of shares of US:SNDL available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.
What is the highest shorted stock right now?
Most Shorted Stocks
| Symbol Symbol | Company Name | Float Shorted (%) |
|---|---|---|
| GOGO GOGO | Gogo Inc. | 37.66% |
| BYND BYND | Beyond Meat Inc. | 37.56% |
| LMND LMND | Lemonade Inc. | 37.07% |
| NPCE NPCE | NeuroPace Inc. | 36.09% |
How do you tell if a stock is heavily shorted?
Search for the stock, click on the Statistics tab, and scroll down to Share Statistics, where you’ll find the key information about shorting, including the number of short shares for the company as well as the short ratio.
What is margin calling?
A margin call occurs when the value of securities in a brokerage account falls below a certain level, known as the maintenance margin, requiring the account holder to deposit additional cash or securities to meet the margin requirements.
When should I sell my short squeeze?
When a stock’s price starts to rise rapidly, short sellers want out, because they only profit when the stock goes down. They can face theoretically unlimited losses when shares rise.
Can insiders sell during a short squeeze?
SUMMARY Citron said short squeeze can’t happen when insiders are selling …. Insiders (very likely) can’t sell because of end of quarter blackout. This should be common knowledge for Citron and other shorts.
Does SDC have a future?
Analyst Future Growth Forecasts
Earnings vs Market: SDC is forecast to remain unprofitable over the next 3 years. High Growth Earnings: SDC is forecast to remain unprofitable over the next 3 years. Revenue vs Market: SDC’s revenue (10.2% per year) is forecast to grow faster than the US market (8.6% per year).
Why is smile Direct club tanking?
What happened. Shares of SmileDirectClub ( SDC -0.39% ) tanked 40.4% in November, according to data from S&P Global Market Intelligence. The online teeth-straightening company reported very disappointing earnings results last month, which is likely the main reason the stock is down so much since the start of the period …
What is short squeeze in stock market?
A short squeeze is an unusual condition that triggers rapidly rising prices in a stock or other tradable security. For a short squeeze to occur, the security must have an unusual degree of short sellers holding positions in it. The short squeeze begins when the price jumps higher unexpectedly.
Does SDC stock squeeze?
These metrics suggest that if bulls can hold the line on SDC, they may be able to trigger a short squeeze. 33% of shares short is a very high percentage. According to Goldman Sachs (GS), the average short interest for an S&P 500 stock in late 2020/2021 was only around 1.5%. In prior years, it had been as high as 3.5%.
Why is SmileDirectClub tanking?
What happened. Shares of SmileDirectClub ( SDC -0.39% ) tanked 40.4% in November, according to data from S&P Global Market Intelligence. The online teeth-straightening company reported very disappointing earnings results last month, which is likely the main reason the stock is down so much since the start of the period …
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