CCSC Technology International (CCTG) Short Interest Ratio & Short Volume

Short interest is the volume of CCSC Technology International shares that have been sold short but have not yet been covered or closed out. As of August 15th, investors have sold 54,000 shares of CCTG short. 2.65% of CCSC Technology International's shares are currently sold short. Learn More on CCSC Technology International's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. CCTG shares currently have a short interest ratio of 1.0. Learn More on CCSC Technology International's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 2.65% of CCSC Technology International's floating shares are currently sold short.

CCSC Technology International saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 54,000 shares, an increase of 38.8% from the previous total of 38,900 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

CCSC Technology International currently has issued a total of 11,375,000 shares. Some of CCSC Technology International's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. CCSC Technology International currently has a public float of 2,040,000 shares.

2.65% of CCSC Technology International's shares are currently sold short. Here is how the short interest of companies in the industry of "electrical equipment" compare to CCSC Technology International: Laser Photonics Co. (7.44%), Flux Power Holdings, Inc. (1.33%), Electra Battery Materials Co. (0.56%), Welsbach Technology Metals Acquisition Corp. (0.05%), Dragonfly Energy Holdings Corp. (5.44%), noco-noco Inc. (0.28%), Orion Energy Systems, Inc. (0.23%), Sunrise New Energy Co., Ltd. (0.46%), Hyzon Motors Inc. (2.67%), Erayak Power Solution Group Inc. (0.41%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling CCTG is an investing strategy that aims to generate trading profit from CCSC Technology International as its price is falling. CCTG shares are trading down $0.07 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for CCSC Technology International occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of CCTG, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CCTG, twice per month. The most recent reporting period available is August, 15 2024.