Nuveen California Select Tax-Free Income Portfolio (NXC) Short Interest Ratio & Short Volume

Short interest is the volume of Nuveen California Select Tax-Free Income Portfolio shares that have been sold short but have not yet been closed out or covered. As of February 15th, traders have sold 12,500 shares of NXC short. 0.20% of Nuveen California Select Tax-Free Income Portfolio's shares are currently sold short. Learn More on Nuveen California Select Tax-Free Income Portfolio's current short interest.

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. 0.20% of Nuveen California Select Tax-Free Income Portfolio's floating shares are currently sold short.

Nuveen California Select Tax-Free Income Portfolio saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 12,500 shares, a decrease of 29.8% from the previous total of 17,800 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.

0.20% of Nuveen California Select Tax-Free Income Portfolio's shares are currently sold short. Here is how the short interest of companies in the industry of "financial services" compare to Nuveen California Select Tax-Free Income Portfolio: TriplePoint Venture Growth BDC Corp. (2.71%), BlackRock MuniHoldings New York Quality Fund, Inc. (0.05%), The Taiwan Fund, Inc. (0.06%), MFS Intermediate Income Trust (0.26%), Liberty All-Star Growth Fund, Inc. (0.08%), Japan Smaller Capitalization Fund, Inc. (0.05%), MFS Multimarket Income Trust (0.03%), BlackRock Income Trust, Inc. (0.56%), Templeton Dragon Fund, Inc. (0.03%), BlackRock MuniVest Fund II, Inc. (0.05%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($25.81 billion), iShares 20+ Year Treasury Bond ETF ($10.38 billion), MicroStrategy Incorporated ($7.74 billion), AppLovin Co. ($6.32 billion), Apollo Global Management, Inc. ($5.97 billion), Super Micro Computer, Inc. ($4.89 billion), Charter Communications, Inc. ($4.52 billion), Capital One Financial Co. ($3.94 billion), Schlumberger Limited ($3.19 billion), and Reddit, Inc. ($3.01 billion). View all of the most shorted stocks.

Short selling NXC is an investing strategy that aims to generate trading profit from Nuveen California Select Tax-Free Income Portfolio as its price is falling. NXC shares are trading up $0.01 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 Nuveen California Select Tax-Free Income Portfolio 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 NXC, 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 NXC, twice per month. The most recent reporting period available is February, 15 2025.