EssilorLuxottica Société anonyme (ESLOF) Short Interest Ratio & Short Volume

Short interest is the volume of EssilorLuxottica Société anonyme shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 137,600 shares of ESLOF short. Learn More on EssilorLuxottica Société anonyme'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. ESLOF shares currently have a short interest ratio of 106.0. Learn More on EssilorLuxottica Société anonyme's short interest ratio.

EssilorLuxottica Société anonyme saw a decline in short interest during the month of October. As of October 15th, there was short interest totaling 137,600 shares, a decline of 31.8% from the previous total of 201,900 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.

Here is how the short interest of companies in the industry of "medical instruments & supplies" compare to EssilorLuxottica Société anonyme: Straumann Holding AG (0.63%), Avantor, Inc. (4.86%), and BioLife Solutions, Inc. (7.76%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

Short selling ESLOF is an investing strategy that aims to generate trading profit from EssilorLuxottica Société anonyme as its price is falling. ESLOF shares are trading up $9.03 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 EssilorLuxottica Société anonyme 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 ESLOF, 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 ESLOF, twice per month. The most recent reporting period available is October, 15 2024.