This can all be seen from the data we display on our Alpha Trading Signals. This section uses the official NYSE-supplied short interest and provides some value-added metrics, calculated daily. These attributes which are associated with higher returns are; Value, Quality, Momentum & Growth. The numbers are reset at 6 am ET, and new numbers start coming in after 7 am ET. We also help you visualize this with star ratings, success bars and charts. The effect of this change is that the updated model will favor low-float companies over others, all other things being equal. Keep it real always 100! Now the new estimation methodology has been published, this has resulted in changes for all stocks; some estimates have gone down and some have gone up. We source our short interest data from a variety of providers. We start by statistically determining rare events, and on top of this we use a machine learning algorithm to determine the likelihood of success. ORTEX brings you live global equity prices, global index prices, live ETF, currency and commodity prices. The Short Interest Additions lead to significant buying activity for a stock getting included in an index, while deletions will result in selling pressure. Days To Cover is calculated daily based on the most recent five day trading volume. Unusual Options activity can provide insight on what "smart money" is doing with large volume orders, signalling new positions and potentially a big move in the underlying asset. The most relevant valuation metric for each sector is used on the overview screen and further analysis for historic and forecast years and a variety of other valuation metrics in both table and chart format are available. by frequency of updates, with intraday data at the top (short shares availability, short borrow fee rate), At present, ORTEX is still investigating the matter and aims to share more information as soon as feasible.. Estimated Current SI % of FF We are very conscious of the fact that the new estimate will be replacing historic estimates with revised estimates using the new methodology and that changes to past data are sensitive. ORTEX approach to trading signals is rather cautious, markets can be volatile, and history doesnt always repeat itself. This helps users to determine how relatively safe an investment may be. Signup for a Free Account. we use are sourced from Capital IQ, which is one of the top firms that provide this data. Since the Short Squeeze events in GameStop, NYSE:GME and many other stocks at the beginning of the year there has been an increasing interest in up to date Short Interest. Keep being awesome! Full data, including history older than 9 months and the most up-to-date information, is only available with an ORTEX Advanced Subscription. with higher numbers indicating a higher risk of a short squeeze relative to its peers, Keep being awesome! Ortex has been providing short interest estimates for several years, but we are now changing the methodology of how we do this. Morgan is a writer from the frozen wastelands of Maine who enjoys metal music, kpop, horror, and indie games. The number ranges from 0 to 100, $APE 2.8 MILL y 12.53% CTB! Beyond short selling, there are several reasons why investors seek to borrow stock. We have ranked insiders on past performance, so you can understand how effectively they typically trade. UtilizationThe ratio between the number of shares on loan across all outstanding loans in the wholesale market and the number of shares available for lending at lending programs. See times of release and details, including consensus expectations. "Today's #ShortInterest updated in $AMC, $GME, $BBIG, $RIDE, $BB, $TSLA, $NKLA, $TLRY, $CLOV, $WKHS, $MMAT, $TTCF, $ATER, $PROG and many others", "This is why we use your service. ORTEX has five families of trading signals: Short Squeeze, EPS, RSI, MACD and Company Events. Perhaps somewhat counterintuitively,, November was a choppy month, dipping in the first week of trading before staging a broad-based rebound to close higher. You can follow Morgan on Twitter @Author_MShaver. #GME - Short Interest Update $GME announced today it has completed its previously announced equity offering program, raising $1.126bn. Index rebalances. venues, but not ALL trading venues. ORTEX provides intra-day Credit Default Swap (CDS) data so users can identify the risk of default for individual stocks. An Introduction to ORTEX Short Interest data . At the centre of the discussion is GameStop (GME), but many other companies are affected by high levels of Short Interest. Who is buying or selling a significant percentage of a company can be a crucial element in identifying what's happening and why a stock might be behaving unusually. Ortex said short interest in AMC is currently estimated to be 18.3% of freefloat and in GME it is estimated at 21.8% of freefloat. ORTEX approach to trading signals is rather cautious, markets can be volatile, and history doesnt always repeat itself. Days To Cover (DTC) is also know as Short Interest Ratio. Ortex said short interest in AMC is currently estimated to be 18.3% of freefloat and in GME it is estimated at 21.8% of freefloat. Every day ORTEX identifies alpha-generating opportunities. What commodities, currencies and peers are most correlated to my stocks? ORTEX Factor scores are designed to help investors capture the return of factors which have historically shown excess market returns. Being able to accurately predict these changes can yield profitable short-term returns for investors and traders. O R T E X EPS momentum tracks analyst's upgrades and downgrades of stock estimates, using the most accurate intra-day data. This article explains the background to this change and to short interest estimation. ORTEX back-test Index data in infinite combinations to suggest various trading signals with very strong return track records. See current, future and historical corporate action data of all types for your stocks. Intuitive boxes that summarise each data set at a glance for your stocks and highlight interesting developments and changes. Understanding the options chain and keeping an eye on unusual options activity in your stocks can be a crucial element to help predict imminent price movement and volatility in the underlying asset. The most relevant valuation metric for each sector is used on the overview screen and further analysis for historic and forecast years and a variety of other valuation metrics in both table and chart format are available. Feb 20. following table. It is not the total number of shares available to short, nor is it the short interest. O R T E X has vast amounts of historical and estimated financial data so users can investigate trends and understand analysts consensus figures and forecasts for upcoming events. Logout. Dividend analysis highlights whether a stock's yield is exceptionally high or low compared to the two-year historical range of industry average using 12 month forward consensus of analyst estimates. Values are released twice a month, the first half of a month is normally made available at the end of the month and the second half of the month is normally made available around the 15th of the next month. hedge funds. Short Interest data is vital information to have access to its a strong indicator of market sentiment, as its an indicator of hedge funds positions, but it can also enable you to understand why there may be sudden and strong buy pressure. The data is organized Our flexible charting allows you to access our vast data library. If all shares were delivered on a particular day, then there will be no entry in the table. On trading days, this data is updated from 7am ET, before the markets open, and continues to be updated until 5am ET the following day. Jan 6. Here are nine stocks that have high enough short interest to be primed for the next big short squeezes, according to Ortex Analytics. Short interest is not self-reported. This provides valuable and timely additional data but only on positions above the reporting threshold. This data is updated by 7.30am EST each day with current stock borrows, meaning you wont find more timely or accurate data. Full data, including history older than 9 months and the most up-to-date information, is only available with an ORTEX Advanced Subscription. Jan 23. Users can also track relative changes in a stock's CDS to gauge momentum or flag concerns amongst some investors before they might be noticed by others. ORTEX short interest data is sourced from the worlds largest combined pool of agent lenders, prime brokers, and broker-dealers who submit their inventory. We also help you visualize this with star ratings, success bars and charts. Source: Short Interest provided by NYSE Data is now also all downloadable. ORTEX back-test Index data in infinite combinations to suggest various trading signals with very strong return track records. In addition to seeing how many shares are out on loan (both as the actual numbers of shares, as a percentage of free-float and as a ratio of average volume (DTC)), this dataset also shows the average interest rate for current loans (Cost to Borrow) as well as the utilization. Significant index additions and deletions have important implications for trading dynamics, as index funds are obligated to track the changes. In addition to these more traditional baskets, ORTEX also have a score for Insider activity, Short analysis score and Relative correlation diversion. All changes will be consolidated in the end-of-day data that is released before the US markets open every morning. Perhaps somewhat counterintuitively,, November was a choppy month, dipping in the first week of trading before staging a broad-based rebound to close higher. ORTEX - Global Financial Analytics with live short interest, options, analyst data and much more . Ortex said short interest in AMC is currently estimated to be 18.3% of freefloat and in GME it is estimated at 21.8% of freefloat. pic.twitter.com/uIbQ4tck2A, ORTEX shared additional findings on Twitter earlier today, including how GameStop (GME) stock was not the only stock that was affected this past week, though it was the most prominent stock that exhibited unusual data.. ORTEX short interest data is sourced from the worlds largest combined pool of agent lenders, prime brokers, and broker-dealers who submit their inventory. Users can also track relative changes in a stock's CDS to gauge momentum or flag concerns amongst some investors before they might be noticed by others. Feb 0 640M Estimated Short Interest % of Freefloat 56.83 N/A ( 118.86 %) Values 28. No other market data providers have reported this anomaly. O R T E X accesses more than 11,000 news sources, filtering out the noise to bring you the most relevant content, quickly and efficiently. CTB AVG/MIN/MAX/STD NewThe average, minimum, maximum and standard deviation annualised % of interest on loans issued that day from Prime brokers to their clients, i.e. For GME stock specifically, the data that ORTEX was displaying was confusing for investors, particularly because short interest was shown as having declined to 20 percent from 220 percent in early 2021 without the accompanying volume ever shown by the SEC. Short Interest is updated twice monthly on set schedule, but float can be updated more frequently (although it does not change every day), so we provide daily This allows you to glance across many data sets such as price, volume, EPS divergence, events, news, shorts, valuation, insiders, analyst changes and more effortlessly without missing anything. We have created unique O R T E X valuation data, which shows the 12 months forward est. Who are the most accurate and influential company insiders? Users can then see upcoming dividend schedules and annualised yields in a clear and concise way. ORTEX - Global Financial Analytics with live short interest, options, analyst data and much more-Settings. See times of release and details, including consensus expectations. It is crucial to identify upcoming Company events and understand what they mean for your stock. Is short interest self-reported, and therefore unreliable? Click in for an intuitive calendar view of all events. For each signal we tell you how many times the signal has triggered in the past, the success rate and the average return, as well as what holding period has previously given the best return. ORTEX provides real-time Options data displayed in an intuitive way with an easy filter to help users discover interesting activity.