Short interest in Airgain, Inc. (NASDAQ: AIRG) has grown by 6.2% in the last reporting period. This indicates that there is an increase in the number of investors who are borrowing shares of Airgain stock with the intention of selling them in the future.
Short interest is a measure of the number of outstanding shares of a company's stock that have been borrowed by investors with the intention of selling them in the future. It is calculated as the difference between the total number of shares outstanding and the number of shares held by the company's shareholders.
Investors may choose to borrow shares of Airgain stock for various reasons, such as speculation or hedging against potential losses. However, it is important to note that short interest does not necessarily indicate a bearish outlook on a company's future performance. It simply reflects the level of speculation and risk-taking among investors.
Airgain, Inc. is a leading provider of wireless connectivity solutions for IoT (Internet of Things) devices. The company's products include antennas, routers, and other equipment that enable wireless communication between devices. Airgain's stock has been trading on the NASDAQ Global Select Market under the symbol AIRG since 2013.
Published 260 days ago
Published 263 days ago