Short interest measures the total shares of a stock that have been sold short but not yet covered. Expressed as a percentage of the free float, it shows how much of a company's tradeable stock is currently bet against. High short interest combined with rising cost to borrow and utilization is a classic short-squeeze setup.
ORTEX aggregates short interest from agent lenders, prime brokers, and broker- dealers worldwide, updated daily. This gives a much fresher picture than the fortnightly FINRA official reports alone.
Key short-interest metrics ORTEX News tracks: short interest % of float, days to cover, cost to borrow (CTB), utilization, and the ORTEX Short Squeeze signal.