Enterra (ETER) Short Interest Ratio & Short Volume

Short interest is the volume of Enterra shares that have been sold short but have not yet been closed out or covered. As of August 15th, traders have sold 1,400 shares of ETER short. Learn More on Enterra'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. ETER shares currently have a short interest ratio of 14.0. Learn More on Enterra's short interest ratio.

Here is how the short interest of companies in the industry of "business services" compare to Enterra: General Enterprise Ventures, Inc. (0.01%), Data Storage Co. (8.66%), Swvl Holdings Corp. (6.60%), Akso Health Group (0.02%), Stran & Company, Inc. (0.24%), MSP Recovery, Inc. (6.65%), OneMedNet Co. (3.40%), QuoteMedia, Inc. (0.00%), Uxin Limited (0.34%), Millennium Group International Holdings Limited (0.31%),

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 ETER is an investing strategy that aims to generate trading profit from Enterra 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 Enterra 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 ETER, 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 ETER, twice per month. The most recent reporting period available is August, 15 2024.