Akoustis Technologies Stock Number Of Shares Shorted

AKTS Stock

USD 0.14 0.01 7.69%

Akoustis Technologies fundamentals help investors to digest information that contributes to Akoustis Technologies' financial success or failures. It also enables traders to predict the movement of Akoustis Stock. The fundamental analysis module provides a way to measure Akoustis Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Akoustis Technologies stock.

Short Long Term Debt Total Total Assets

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Akoustis Technologies Company Number Of Shares Shorted Analysis

Akoustis Technologies' 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.

Shares Shorted

Shorted by Public

+

by Institutions

More About Number Of Shares Shorted | All Equity Analysis

Current Akoustis Technologies Number Of Shares Shorted

10.34 M

Most of Akoustis Technologies' fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Akoustis Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Akoustis Number Of Shares Shorted Driver Correlations

Understanding the fundamental principles of building solid financial models for Akoustis Technologies is extremely important. It helps to project a fair market value of Akoustis Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Akoustis Technologies' 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 Akoustis Technologies' 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 Akoustis Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Tangible Assets	Capital Surpluse	Accounts Payable	Long Term Debt	Short Long Term Debt	Intangible Assets	Property Plant Equipment	Deferred Long Term Liab	Current Deferred Revenue	Net Receivables	Long Term Debt Total	Net Invested Capital	Net Working Capital	Long Term Investments	Capital Stock
Total Assets		0.97	-0.3	-0.98	0.92	0.87	-0.32	0.98	0.83	0.99	0.95	0.41	0.57	0.87	0.98	0.86	0.74	0.92	-0.21	0.95	0.85	-0.93	0.9
Total Stockholder Equity	0.97		-0.51	-0.93	0.8	0.93	-0.32	0.92	0.92	0.95	0.86	0.54	0.57	0.75	0.92	0.73	0.69	0.82	-0.24	0.94	0.93	-0.93	0.86
Net Debt	-0.3	-0.51		0.2	0.08	-0.66	0.12	-0.16	-0.76	-0.23	-0.02	-0.87	-0.35	0.19	-0.13	0.12	-0.2	0.06	0.08	-0.4	-0.73	0.41	-0.12
Retained Earnings	-0.98	-0.93	0.2		-0.94	-0.83	0.32	-0.98	-0.78	-0.98	-0.96	-0.32	-0.57	-0.89	-0.98	-0.88	-0.72	-0.93	0.2	-0.94	-0.79	0.92	-0.94
Total Liab	0.92	0.8	0.08	-0.94		0.66	-0.27	0.95	0.57	0.93	0.97	0.14	0.5	0.95	0.97	0.97	0.73	0.95	-0.12	0.83	0.62	-0.82	0.86
Total Current Assets	0.87	0.93	-0.66	-0.83	0.66		-0.3	0.77	0.98	0.82	0.71	0.75	0.66	0.53	0.77	0.61	0.72	0.63	-0.14	0.94	0.97	-0.89	0.77
Short Term Debt	-0.32	-0.32	0.12	0.32	-0.27	-0.3		-0.28	-0.28	-0.32	-0.31	-0.16	0.39	-0.27	-0.28	-0.12	-0.19	-0.3	0.19	-0.36	-0.37	0.4	-0.32
Common Stock	0.98	0.92	-0.16	-0.98	0.95	0.77	-0.28		0.73	0.99	0.96	0.25	0.56	0.92	0.99	0.89	0.64	0.94	-0.19	0.89	0.75	-0.9	0.91
Net Tangible Assets	0.83	0.92	-0.76	-0.78	0.57	0.98	-0.28	0.73		0.78	0.64	0.77	0.62	0.47	0.72	0.51	0.63	0.57	-0.18	0.9	0.98	-0.86	0.72
Capital Surpluse	0.99	0.95	-0.23	-0.98	0.93	0.82	-0.32	0.99	0.78		0.96	0.31	0.54	0.91	0.99	0.87	0.69	0.94	-0.23	0.92	0.8	-0.92	0.92
Accounts Payable	0.95	0.86	-0.02	-0.96	0.97	0.71	-0.31	0.96	0.64	0.96		0.17	0.47	0.95	0.98	0.93	0.73	0.96	-0.33	0.87	0.68	-0.89	0.91
Long Term Debt	0.41	0.54	-0.87	-0.32	0.14	0.75	-0.16	0.25	0.77	0.31	0.17		0.47	-0.08	0.25	0.13	0.5	0.05	0.09	0.51	0.79	-0.5	0.17
Short Long Term Debt	0.57	0.57	-0.35	-0.57	0.5	0.66	0.39	0.56	0.62	0.54	0.47	0.47		0.34	0.54	0.57	0.4	0.37	0.22	0.59	0.55	-0.54	0.49
Intangible Assets	0.87	0.75	0.19	-0.89	0.95	0.53	-0.27	0.92	0.47	0.91	0.95	-0.08	0.34		0.93	0.89	0.62	0.99	-0.27	0.76	0.5	-0.73	0.89
Property Plant Equipment	0.98	0.92	-0.13	-0.98	0.97	0.77	-0.28	0.99	0.72	0.99	0.98	0.25	0.54	0.93		0.92	0.71	0.96	-0.2	0.9	0.75	-0.89	0.92
Deferred Long Term Liab	0.86	0.73	0.12	-0.88	0.97	0.61	-0.12	0.89	0.51	0.87	0.93	0.13	0.57	0.89	0.92		0.73	0.89	-0.06	0.76	0.54	-0.74	0.79
Current Deferred Revenue	0.74	0.69	-0.2	-0.72	0.73	0.72	-0.19	0.64	0.63	0.69	0.73	0.5	0.4	0.62	0.71	0.73		0.7	-0.24	0.78	0.69	-0.66	0.67
Net Receivables	0.92	0.82	0.06	-0.93	0.95	0.63	-0.3	0.94	0.57	0.94	0.96	0.05	0.37	0.99	0.96	0.89	0.7		-0.29	0.83	0.6	-0.78	0.91
Long Term Debt Total	-0.21	-0.24	0.08	0.2	-0.12	-0.14	0.19	-0.19	-0.18	-0.23	-0.33	0.09	0.22	-0.27	-0.2	-0.06	-0.24	-0.29		-0.23	-0.18	0.35	-0.33
Net Invested Capital	0.95	0.94	-0.4	-0.94	0.83	0.94	-0.36	0.89	0.9	0.92	0.87	0.51	0.59	0.76	0.9	0.76	0.78	0.83	-0.23		0.89	-0.92	0.93
Net Working Capital	0.85	0.93	-0.73	-0.79	0.62	0.97	-0.37	0.75	0.98	0.8	0.68	0.79	0.55	0.5	0.75	0.54	0.69	0.6	-0.18	0.89		-0.88	0.69
Long Term Investments	-0.93	-0.93	0.41	0.92	-0.82	-0.89	0.4	-0.9	-0.86	-0.92	-0.89	-0.5	-0.54	-0.73	-0.89	-0.74	-0.66	-0.78	0.35	-0.92	-0.88		-0.84
Capital Stock	0.9	0.86	-0.12	-0.94	0.86	0.77	-0.32	0.91	0.72	0.92	0.91	0.17	0.49	0.89	0.92	0.79	0.67	0.91	-0.33	0.93	0.69	-0.84

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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Competition

Predict Akoustis Technologies

Based on the recorded statements, Akoustis Technologies has 10.34 M of outstending shares currently sold short by investors. This is 158.47% higher than that of the Electronic Equipment, Instruments & Components sector and 112.38% higher than that of the Information Technology industry. The number of shares shorted for all United States stocks is 119.74% lower than that of the firm.

Akoustis Number Of Shares Shorted Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Akoustis Technologies' direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Akoustis Technologies could also be used in its relative valuation, which is a method of valuing Akoustis Technologies by comparing valuation metrics of similar companies.

Akoustis Technologies is currently under evaluation in number of shares shorted category among its peers.

Akoustis Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Akoustis Technologies from analyzing Akoustis Technologies' financial statements. These drivers represent accounts that assess Akoustis Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Akoustis Technologies' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	279.4M	465.1M	199.9M	202.3M	64.1M	60.9M
Enterprise Value	259.0M	377.2M	164.2M	204.6M	64.1M	60.9M

Akoustis Fundamentals

	Return On Equity	-1.08
	Return On Asset	-0.37
	Profit Margin	(2.58) %
	Operating Margin	(3.01) %
	Current Valuation	43.13 M
	Shares Outstanding	109.17 M
	Shares Owned By Insiders	4.76 %
	Shares Owned By Institutions	39.82 %
	Number Of Shares Shorted	10.34 M
	Price To Earning	(7.18) X
	Price To Book	1.04 X
	Price To Sales	1.90 X
	Revenue	27.12 M
	Gross Profit	(3.12 M)
	EBITDA	(64.63 M)
	Net Income	(63.56 M)
	Cash And Equivalents	80.48 M
	Cash Per Share	1.41 X
	Total Debt	45.43 M
	Debt To Equity	0.43 %
	Current Ratio	7.25 X
	Book Value Per Share	0.42 X
	Cash Flow From Operations	(44.82 M)
	Short Ratio	13.88 X
	Earnings Per Share	(1.00) X
	Target Price	0.75
	Number Of Employees	222
	Beta	1.61
	Market Capitalization	14.8 M
	Total Asset	148.92 M
	Retained Earnings	(270.36 M)
	Working Capital	42.27 M
	Current Asset	2.83 M
	Current Liabilities	367 K
	Net Asset	148.92 M

About Akoustis Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Akoustis Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akoustis Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akoustis Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Akoustis Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Akoustis Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Akoustis Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Akoustis Stock

0.66

FFIV

F5 Networks Fiscal Year End 22nd of October 2024

Pair Corr

Moving against Akoustis Stock

0.88	GLW	Corning Incorporated	Pair Corr
0.87	FLEX	Flex	Pair Corr
0.87	HPQ	HP Inc Fiscal Year End 19th of November 2024	Pair Corr
0.86	ERIC	Telefonaktiebolaget Financial Report 12th of July 2024	Pair Corr
0.8	MSI	Motorola Solutions	Pair Corr

The ability to find closely correlated positions to Akoustis Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akoustis Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Akoustis Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Akoustis Technologies to buy it.

The correlation of Akoustis Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Akoustis Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akoustis Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Akoustis Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Akoustis Stock Analysis

When running Akoustis Technologies' price analysis, check to measure Akoustis Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Akoustis Technologies is operating at the current time. Most of Akoustis Technologies' value examination focuses on studying past and present price action to predict the probability of Akoustis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akoustis Technologies' price. Additionally, you may evaluate how the addition of Akoustis Technologies to your portfolios can decrease your overall portfolio volatility.

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