Enstar Group (ESGRP) Short Interest Ratio & Short Volume

Short interest is the volume of Enstar Group shares that have been sold short but have not yet been covered or closed out. As of December 15th, investors have sold 31,300 shares of ESGRP short. Learn More on Enstar Group's current short interest.

Enstar Group saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 31,300 shares, an increase of 13.8% from the previous total of 27,500 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.

Here is how the short interest of companies in the industry of "insurance" compare to Enstar Group: Reliance Global Group, Inc. (4.15%), Chubb Limited (0.70%), Manulife Financial Co. (0.96%), Sun Life Financial Inc. (0.59%), Willis Towers Watson Public Limited (1.02%), Prudential plc (0.02%), Corebridge Financial, Inc. (1.91%), Ryan Specialty Holdings, Inc. (5.36%), Everest Group, Ltd. (1.77%), Equitable Holdings, Inc. (1.47%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.32 billion), Spotify Technology S.A. ($4.06 billion), Canadian Natural Resources Limited ($3.45 billion), Reddit, Inc. ($2.79 billion), International Paper ($2.70 billion), Cencora, Inc. ($2.27 billion), SoFi Technologies, Inc. ($2.21 billion), Lululemon Athletica Inc. ($2.13 billion), and Rivian Automotive, Inc. ($2.05 billion). View all of the most shorted stocks.

Short selling ESGRP is an investing strategy that aims to generate trading profit from Enstar Group as its price is falling. ESGRP shares are trading down $0.15 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 Enstar Group occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ESGRP, 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 ESGRP, twice per month. The most recent reporting period available is December, 15 2024.