Short interest in TIM SA (NYSE:TIMB) increased during the last reporting period, rising from 1.09M to 1.21M. This put 0.75% of the company's publicly available shares short.

Short interest for TIM gives investors a sense of the degree to which investors are betting on the decline of TIM's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 410.44K shares traded per day, it would take 2.96 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.