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8x8 Common Stock Stock Number Of Shares Shorted

EGHT Stock  USD 1.94  0.02  1.02%   
8x8 Common's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting 8x8 Stock price.
  
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8x8 Common Stock Company Number Of Shares Shorted Analysis

8x8 Common's 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 8x8 Common Number Of Shares Shorted

    
  3.9 M  
Most of 8x8 Common's 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, 8x8 Common Stock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

8x8 Number Of Shares Shorted Driver Correlations

Understanding the fundamental principles of building solid financial models for 8x8 Common is extremely important. It helps to project a fair market value of 8x8 Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since 8x8 Common's 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 8x8 Common's 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 8x8 Common's interrelated accounts and indicators.
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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

Based on the recorded statements, 8x8 Common Stock has 3.9 M of outstending shares currently sold short by investors. This is 2.43% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The number of shares shorted for all United States stocks is 17.05% higher than that of the company.

8x8 Number Of Shares Shorted Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 8x8 Common's 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 8x8 Common could also be used in its relative valuation, which is a method of valuing 8x8 Common by comparing valuation metrics of similar companies.
8x8 Common is currently under evaluation in number of shares shorted category among its peers.

8x8 Fundamentals

About 8x8 Common Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 8x8 Common Stock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 8x8 Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 8x8 Common Stock 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.

Thematic Opportunities

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Additional Tools for 8x8 Stock Analysis

When running 8x8 Common's price analysis, check to measure 8x8 Common's 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 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.