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how much blackberry stock is shorted

by Cullen Price Published 3 years ago Updated 2 years ago
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Based on the recorded statements, Blackberry has 41.25 M of outstending shares currently sold short by investors. This is much higher than that of the Technology sector and significantly higher than that of the Software—Infrastructure industry.

Full Answer

How much of blackberry is shorted?

Short interest is the volume of BlackBerry shares that have been sold short but have not yet been closed out or covered. As of December 31st, traders have sold 34,000,000 shares of BB short. 6.02% of BlackBerry's shares are currently sold short. Learn More on BlackBerry's current short interest. What is a good short interest ratio for BlackBerry?

How does BlackBerry's short interest affect the stock price?

This forces short sellers to cover their short interest positions by buying actual shares of BB, which in turn drives the price of the stock up even further. How often is BlackBerry's short interest reported?

How do you short BlackBerry stock?

To short BlackBerry 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 BlackBerry 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.

Is BlackBerry the most shorted stock on the Canadian market?

It’s been a wild week for BlackBerry (TSX:BB) (NYSE:BB). As one of the most shorted stocks on the Canadian stock market, the tech company was one of the targets for Reddit’s short squeezes this week. BlackBerry stock was up 94.7% over the past four days alone!

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How many BlackBerry shares are shorted?

Share StatisticsAvg Vol (3 month) 38.98MFloat 8491.17M% Held by Insiders 11.77%% Held by Institutions 140.53%Shares Short (Jun 15, 2022) 436.24M7 more rows

Is BlackBerry stock heavily shorted?

BlackBerry Limited (BB) BlackBerry stock has also captured attention as one of a cadre of companies that have been heavily sold short in recent years.

How do you find out how much a company is being shorted?

For general shorting information about a company's stock, you can usually go to any website with a stock quote service. For more specific short interest info, you would have to go to the stock exchange where the company is listed.

What are the most shorted stocks?

Most Shorted StocksSymbol SymbolCompany NameFloat Shorted (%)ICPT ICPTIntercept Pharmaceuticals Inc.41.32%BYND BYNDBeyond Meat Inc.41.15%MVIS MVISMicroVision Inc.40.98%AMTX AMTXAemetis Inc.40.73%42 more rows

Is BlackBerry still Shorted?

Blackberry is currently under evaluation in number of shares shorted category among related companies.

Can you short squeeze a BlackBerry?

Like most meme stocks, BlackBerry has often been mentioned as a potential short squeeze stock. Its short interest is fairly high, and it has a lot of bullish investors who can keep buying or holding while shorts accumulate interest in their accounts.

How high can a short squeeze go?

If you short a stock at $10, it can't go lower than zero, so you can't make more than $10 per share on the trade. But there's no ceiling on the stock. You can sell it at $10 and then be forced to buy it back at $20 … or $200 … or $2 million. There is no theoretical limit on how high a stock can go.

Where is the next short squeeze?

0:206:403 Websites to Find the Next Reddit Short Squeeze Stock - YouTubeYouTubeStart of suggested clipEnd of suggested clipAnd one way to do that is to look for potential short squeeze stocks that are being mentioned a lotMoreAnd one way to do that is to look for potential short squeeze stocks that are being mentioned a lot on reddit. Because that could help you to possibly predict the next. One.

Is AMC the most shorted stock?

Most Shorted Stocks to Buy: AMC Entertainment (AMC) The first of our most shorted stocks to buy is AMC Entertainment. Along with GameStop (NYSE:GME), AMC stock has been a favorite vehicle since the very beginnings of 2021, as Redditors began to take on Wall Street's bears.

What is the most shorted stock in history?

Meta Platforms Inc. lost $232 billion in one day, making it the largest single-day loss in stock market history. In 2021, GameStop(GME) was the subject of a remarkable short squeeze that caused some hedge funds to lose billions of dollars.

What is the most shorted stock in the world?

Stocks with the most short sell positions as of April 2022, by share of float shortedStock exchange: tickerShare of float shortedWeber Inc. (NYSE: WEBR)39.45%China SXT Pharmaceuticals Inc. (NASDAQ: SXTC)38.72%Beyond Meat Inc. (NASDAQ; BYND)37.51%Gogo Inc. (NASDAQ: GOGO)37.22%9 more rows•Apr 26, 2022

How much AMC is shorted?

According to the S3 Partners data, short interest is equivalent to 23% of GameStop's float. And for AMC, that figure is 22%. Wall Street analysts who cover GameStop and AMC are generally pessimistic.

What is BlackBerry's current short interest?

Short interest is the volume of BlackBerry shares that have been sold short but have not yet been covered or closed out. As of May 31st, investors...

What is a good short interest ratio for BlackBerry?

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...

Which institutional investors are shorting BlackBerry?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Black...

What is a good short interest percentage for BlackBerry?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a...

Is BlackBerry's short interest increasing or decreasing?

BlackBerry saw a drop in short interest during the month of May. As of May 31st, there was short interest totaling 35,040,000 shares, a drop of 11....

What is BlackBerry's float size?

BlackBerry currently has issued a total of 577,169,000 shares. Some of BlackBerry's outstanding shares are available for trading, while others are...

How does BlackBerry's short interest compare to its competitors?

6.17% of BlackBerry's shares are currently sold short. Here is how the short interest of companies in the industry of "prepackaged software" compar...

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.12 billio...

What does it mean to sell short BlackBerry stock?

Short selling BB is an investing strategy that aims to generate trading profit from BlackBerry as its price is falling. BlackBerry's stock is tradi...

Is BB stock a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last twelve months. There are currentl...

Will BlackBerry's stock price go up in 2022?

6 brokerages have issued 12 month price objectives for BlackBerry's stock. Their forecasts range from $6.00 to $11.00. On average, they expect Blac...

How has BlackBerry's stock price performed in 2022?

BlackBerry's stock was trading at $9.35 at the beginning of the year. Since then, BB stock has decreased by 34.4% and is now trading at $6.13. Vie...

When is BlackBerry's next earnings date?

BlackBerry is scheduled to release its next quarterly earnings announcement on Thursday, June 23rd 2022. View our earnings forecast for BlackBerry .

How were BlackBerry's earnings last quarter?

BlackBerry Limited (NYSE:BB) issued its earnings results on Thursday, March, 31st. The company reported $0.01 earnings per share (EPS) for the quar...

What guidance has BlackBerry issued on next quarter's earnings?

BlackBerry updated its FY 2027 earnings guidance on Wednesday, June, 8th. The company provided earnings per share guidance of for the period. The c...

Who are BlackBerry's key executives?

BlackBerry's management team includes the following people: Mr. John S. Chen , Exec. Chairman & CEO (Age 66, Pay $3.02M) ( LinkedIn Profile ) Mr...

What is John Chen's approval rating as BlackBerry's CEO?

706 employees have rated BlackBerry CEO John Chen on Glassdoor.com . John Chen has an approval rating of 50% among BlackBerry's employees. This pu...

Who are some of BlackBerry's key competitors?

Some companies that are related to BlackBerry include Crown Castle International (CCI) , SBA Communications (SBAC) , United States Cellular (USM...

What does it mean when a stock is shorted on Blackberry?

Blackberry's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

What is the intrinsic value of Blackberry?

Investors also form their own opinion of Blackberry's value that differs from its market value or its book value, called intrinsic value, which is Blackberry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value.

What is peer analysis of Blackberry?

Peer analysis of Blackberry could also be used in its relative valuation, which is a method of valuing Blackberry by comparing valuation metrics of similar companies. Blackberry is currently under evaluation in number of shares shorted category among related companies.

What is Blackberry fundamentals?

Blackberry fundamentals help investors to digest information that contributes to Blackberry's financial success or failures. It also enables traders to predict the movement of Blackberry Stock. This fundamental analysis module provides a way for investors to measures Blackberry's intrinsic value by examining all of its available economic ...

Why is Blackberry important?

Understanding the fundamental principles of building solid financial models for Blackberry is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Number of Shares Shorted. Since Blackberry's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Blackberry's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Blackberry's interrelated accounts and indicators.

Where is BlackBerry located?

BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada. Blackberry operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange.

Is Blackberry stock undervalued?

If the real value is higher than the market price, Blackberry is considered to be undervalued, ...

About BlackBerry

BlackBerry Ltd. engages in providing the intelligent security software and services to enterprises and governments.

BlackBerry (NYSE:BB) Frequently Asked Questions

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackBerry in the last year. There are currently 4 sell ratings and 1 hold rating for the stock.

What is short squeeze?

A short squeeze occurs when a stock price climbs rapidly, forcing short-sellers to cover their bets and drive the stock even higher. To pull this strategy off, Reddit users had to target stocks that were being heavily shorted. BlackBerry stock is still one of the most shorted on the market.

Is BlackBerry stock shorted?

BlackBerry stock is still one of the most shorted on the market. However, this morning discount brokerage platform Robinhood delisted BlackBerry stock along with several other short-squeeze targets. This has blocked access to BlackBerry stock for millions of traders. Meanwhile, regulators are looking at clamping down on such strategies.

How much of BlackBerry was shorted on June 4?

According to Fintel, roughly 24 percent of BlackBerry’s trading volume on June 4 was sold short compared to 13 percent on May 26. This suggests that there are significant BlackBerry shorts that could get squeezed.

Is BlackBerry stock up?

On June 7, BlackBerry stock is up 9 percent. It’s clear that retail investors on Reddit are bullish about BlackBerry again. It's one of the most popular stocks on Reddit’s WallStreetBets forum followed by the usual meme suspects like AMC and GameStop. AMC stock also gained significantly before the movie theater chain announced a plan to sell additional stock.

Does BlackBerry stock have room to rise?

While most market experts think that BlackBerry stock has outperformed its fundamentals, they also think that it has room to rise more. This is mainly because the short interest in the stock remains significant. Another round of purchasing might squeeze out short-sellers and boost the stock’s gains.

What happened

Many previously high-flying stocks saw their prices crash on Thursday after brokerages took action to curb trading in their shares.

So what

In recent weeks, traders have worked together to drive up the prices of a host of stocks. Bulls have gathered on sites like Reddit to identify potential targets and coordinate their purchases.

Now what

The move to limit trading in certain stocks drew heated criticism from investors and lawmakers. Robinhood appears to have backtracked a bit by saying that it will "allow limited buys" of the stocks on which it imposed trading restrictions beginning tomorrow.

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