Esprit (ESPGY) Short Interest Ratio & Short Volume

Short interest is the volume of Esprit shares that have been sold short but have not yet been closed out or covered. As of September 30th, traders have sold 124,700 shares of ESPGY short. Learn More on Esprit's current short interest.

Esprit saw a drop in short interest during the month of September. As of September 30th, there was short interest totaling 124,700 shares, a drop of 33.5% from the previous total of 187,600 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 "personal services" compare to Esprit: Chegg, Inc. (10.58%), Hong Kong Technology Venture Company Limited (0.00%), QuantaSing Group Limited (0.41%), Sunlands Technology Group (0.43%), Petrofac Limited (0.01%), PhoneX Holdings, Inc. (0.00%), ATA Creativity Global (0.44%), PCS Edventures!, Inc. (0.01%), Jianzhi Education Technology Group Company Limited (0.06%), JIADE Limited (3.86%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.04 billion), AppLovin Co. ($2.69 billion), Nu Holdings Ltd. ($2.64 billion), Paychex, Inc. ($2.61 billion), Cencora, Inc. ($2.30 billion), Aptiv PLC ($2.09 billion), Moderna, Inc. ($2.09 billion), Tractor Supply ($2.04 billion), Coinbase Global, Inc. ($1.97 billion), and International Paper ($1.95 billion). View all of the most shorted stocks.

Short selling ESPGY is an investing strategy that aims to generate trading profit from Esprit as its price is falling. 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 Esprit 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 ESPGY, 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 ESPGY, twice per month. The most recent reporting period available is September, 30 2024.