Here's an overview of the short interest for POET Technologies Inc. (US:POET) based on the latest available data:
POET Technologies Inc. Short Interest Overview
As of the most recent data, POET Technologies Inc. (US:POET) shows the following key short interest metrics:
- Short Interest: Approximately 4.99 million shares are currently held short.1
- Short Interest % of Float: This represents 5.30% of the company's free-floating shares.1 This percentage indicates the proportion of shares available for trading that have been sold short.
- Days to Cover: The "Days to Cover" ratio stands at 3.48 days.1 This metric estimates how many trading days it would take for short sellers to cover their positions, assuming average daily trading volume. A higher number can sometimes indicate stronger short-squeeze potential.
- Borrow Rate: The borrow rate for shorting POET Technologies Inc. is 19.24%.1 The borrow rate is the annualized interest fee short sellers pay to borrow shares. A higher borrow rate can signal increased demand to short the stock or limited availability of shares.
These figures suggest a moderate level of short interest in POET, with a notable borrow rate. Investors often monitor these metrics to gauge market sentiment and potential volatility related to short-selling activity. You can track these and other related metrics, including short volume and historical data, on Fintel's dedicated short interest page for US:POET.
